Earnings Outlook For Brady
Portfolio Pulse from Benzinga Insights
Brady (NYSE:BRC) is set to release its latest quarterly earnings report on September 5, 2023. Analysts estimate an earnings per share (EPS) of $0.93. The company's past performance shows a pattern of share price drops following earnings beats. Brady's shares were trading at $50.44 as of August 31, with a 52-week increase of 18.19%.
September 04, 2023 | 2:00 pm
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Brady is expected to report an EPS of $0.93 in its upcoming earnings. The company's stock price has historically dropped following earnings beats. Shares are currently trading at $50.44, up 18.19% over the last 52 weeks.
The upcoming earnings report is a significant event for Brady. However, despite beating earnings estimates in the past, the company's stock price has typically dropped afterwards. This pattern, combined with the current positive trend in the stock's price, suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100