Brady Corporation Reports Fiscal 2018 Third Quarter Results and Increases the Bottom of its Fiscal 2018 EPS Guidance
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Brady Corp. (BRC) Reports In-Line Q3 EPS, Beats on Revenues; Offers FY18 EPS Below Consensus
May 24, 2018 7:02 AM EDTBrady Corp. (NYSE: BRC) reported Q3 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $298.42 million versus the consensus estimate of $291.47 million.
Earnings before income taxes increased 20.7 percent, finishing at $37.0 million in the third quarter of fiscal 2018 compared to $30.6 million in the third quarter of fiscal 2017. This marks our 11th consecutive quarter of profit growth.Earnings per diluted Class A Nonvoting Common Share were $0.49 in the third quarter of fiscal 2018 compared to $0.43 in the same quarter of the prior year.Total revenues increased 8.2... More