Brady Corp. (BRC) Tops Q2 EPS by 5c

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Go back to Brady Corp. (BRC) Tops Q2 EPS by 5c

Brady Corporation Reports Fiscal 2017 Second Quarter Results and Increases its Fiscal 2017 EPS Guidance

February 23, 2017 7:01 AM EST

Earnings per diluted Class A Nonvoting Common Share was $0.49 in the second quarter of fiscal 2017 compared to $0.30 in the same quarter of the prior year.  Results for the quarter include $0.09 per share of discrete tax benefits.Organic revenue growth was 1.3 percent for the quarter ended January 31, 2017.Net debt was $37.7 million at January 31, 2017 compared to $132.5 million at January 31, 2016; providing flexibility for future investments.Earnings per diluted Class A Common Share guidance for the full year ending July 31, 2017 increased from a range of $1.55 to $1.70 to a range of $1.75 to $1.85.

MILWAUKEE, Feb. 23, 2017 (GLOBE NEWSWIRE) --... More