Brady Raises Adj FY24 EPS Guidance From$3.95 - $4.10 To $4.08 - $4.15 Vs. $3.99 Est.
Portfolio Pulse from Benzinga Newsdesk
Brady Corporation (BRC) has raised its adjusted FY24 EPS guidance from $3.95 - $4.10 to $4.08 - $4.15, surpassing the $3.99 estimate.
May 22, 2024 | 11:05 am
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Brady Corporation (BRC) has increased its adjusted FY24 EPS guidance to a range of $4.08 - $4.15, which is higher than the previous range and above the $3.99 estimate. This indicates a positive outlook for the company's financial performance.
The increase in EPS guidance suggests that Brady Corporation is expecting better-than-anticipated financial performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100