Commercial lighting and retail display solutions provider LSI (NASDAQ: LYTS) will be announcing earnings results tomorrow morning. Here’s what investors should know.

LSI beat analysts’ revenue expectations by 5.2% last quarter, reporting revenues of $157.2 million, up 13.9% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ revenue estimates and a solid beat of analysts’ EBITDA estimates.

Is LSI a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting LSI’s revenue to decline 5.2% year on year to $140.1 million, a reversal from the 35.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.22 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. LSI has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 5.4% on average.

Looking at LSI’s peers in the electrical equipment segment, only Acuity Brands has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 20.2%. The stock was down 12% on the results.

There has been positive sentiment among investors in the electrical equipment segment, with share prices up 6.7% on average over the last month. LSI is up 5.3% during the same time and is heading into earnings with an average analyst price target of $27.67 (compared to the current share price of $19.71).

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