Brady Corp. (BRC) Reports Q1 EPS of $0.58, Revenues Miss; Raises FY19 EPS Outlook

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Brady Corporation Reports Fiscal 2019 First Quarter Results and Increases its Fiscal 2019 EPS Guidance

November 15, 2018 7:00 AM EST

Organic revenues increased 4.7 percent in the first quarter of fiscal 2019.Earnings before income taxes increased 14.8 percent to $39.9 million in the first quarter of fiscal 2019 compared to $34.8 million in the same quarter of the prior year.Diluted EPS increased 18.4 percent to $0.58 in the first quarter of fiscal 2019 compared to $0.49 in the same quarter of the prior year.Diluted EPS guidance for the full year ending July 31, 2019 was increased to a range of $2.20 to $2.30 from the previous range of $2.15 to $2.25.... More