Brady Corp. (BRC) Misses Q1 EPS by 1c

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Brady Corporation Reports Fiscal 2022 First Quarter Results

November 18, 2021 7:00 AM EST

Sales for the quarter increased 16.0 percent. Organic sales increased 7.0 percent.Income before income taxes increased 5.8 percent to $44.7 million in the first quarter of fiscal 2022 compared to $42.2 million in the first quarter of fiscal 2021. Income Before Income Taxes Excluding Amortization* increased 11.3 percent to $48.5 million in the first quarter of fiscal 2022 compared to $43.6 million in the first quarter of fiscal 2021.Diluted EPS in the first quarter of fiscal 2022 increased 4.7 percent to $0.67 compared to $0.64 in the same quarter of the prior year.   Diluted EPS Excluding Amortization* increased 9.1 percent to $0.72 in the first quarter of fiscal 2022 compared... More