Brady Q4 Adj EPS $1.04 Beats $0.90 Estimate, Sales $345.93M Beat $329.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brady Corporation (NYSE:BRC) reported Q4 earnings of $1.04 per share, beating the analyst consensus estimate of $0.90 by 15.56%. This is a 19.54% increase from the same period last year. The company also reported quarterly sales of $345.93 million, beating the analyst consensus estimate of $329.19 million by 5.08%. This is a 6.77% increase from the same period last year.
September 05, 2023 | 11:11 am
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POSITIVE IMPACT
Brady Corporation's Q4 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Brady Corporation's Q4 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The reported earnings and sales figures also represent an increase from the same period last year, further indicating a strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100