Brady Corp. (BRC) Tops Q2 EPS by 3c, Updates Guidance
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Brady Corporation Reports Fiscal 2019 Second Quarter Results and Increases its Fiscal 2019 EPS Guidance
February 21, 2019 7:00 AM ESTOrganic revenues increased 2.3 percent in the second quarter of fiscal 2019.Earnings before income taxes increased 4.8 percent to $36.7 million in the second quarter of fiscal 2019 compared to $35.0 million in the same quarter of the prior year.Earnings per diluted Class A Nonvoting Common Share were $0.55 in the second quarter of fiscal 2019 compared to $0.08 in the same quarter of the prior year. Results in the same quarter of the prior year were reduced by approximately $0.40 due to income tax charges primarily related to U.S. tax legislation that was enacted in December 2017.Diluted EPS guidance for the... More
