Brady Q4 Adj $1.19 Beats $1.11 Estimate, Sales $343.40M Miss $351.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brady Corporation (NYSE:BRC) reported Q4 earnings of $1.19 per share, surpassing the $1.11 estimate, marking a 14.42% increase from last year. However, sales of $343.40M fell short of the $351.64M estimate, showing a 0.73% decrease from the previous year.
September 06, 2024 | 11:04 am
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Brady Corporation's Q4 earnings per share exceeded expectations, but sales fell short. The EPS of $1.19 beat the $1.11 estimate, while sales of $343.40M missed the $351.64M estimate.
The positive earnings surprise is offset by the sales miss, which could lead to mixed investor sentiment. The EPS beat indicates strong profitability, but the sales miss suggests potential challenges in revenue growth.
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