Brady Raises Low End Of FY24 Adj EPS Guidance; Revises Outlook From $3.85-$4.10 To $3.95-$4.10, Est $4.07
Portfolio Pulse from Benzinga Newsdesk
Brady Corporation has increased the lower end of its fiscal year 2024 adjusted earnings per share (EPS) guidance, revising its outlook from $3.85-$4.10 to $3.95-$4.10, against an estimated $4.07.
February 22, 2024 | 12:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Brady Corporation has raised the lower end of its FY24 adjusted EPS guidance, now expecting $3.95-$4.10, with estimates at $4.07.
Raising the lower end of the EPS guidance indicates Brady Corporation's confidence in its financial performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100