Brady Corp. (BRC) Tops Q1 EPS by 9c, Reaffirms FY Guidance, Increases Buyback

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Go back to Brady Corp. (BRC) Tops Q1 EPS by 9c, Reaffirms FY Guidance, Increases Buyback

Brady Corporation Reports Fiscal 2016 First Quarter Results and Increases Share Buyback Program

November 19, 2015 7:00 AM EST

GAAP net earnings of $18.7 million in the first quarter of fiscal 2016 compared to GAAP and non-GAAP earnings from continuing operations* of $15.5 million and $18.4 million, respectively, in the same quarter of the prior year. First quarter organic revenue decline of 2.2 percent. Earnings per diluted Class A Nonvoting Common Share of $0.37 in the first quarter of fiscal 2016 compared to GAAP and non-GAAP earnings from continuing operations per diluted Class A Nonvoting Common Share* of $0.30 and $0.36, respectively, in the same quarter of the prior year. Returned $16.2 million to... More