Brady (NYSE:BRC) reported its Q4 earnings results on Thursday, September 1, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Brady beat estimated earnings by 2.35%, reporting an EPS of $0.87 versus an estimate of $0.85.
Revenue was up $17.85 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 3.43% increase in the share price the next day.
Here’s a look at Brady’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.7 | 0.75 | 0.7 |
| EPS Actual | 0.86 | 0.7 | 0.72 | 0.7 |
| Revenue Estimate | 333.03M | 306.64M | 313.79M | 300.46M |
| Revenue Actual | 338.55M | 318.06M | 321.48M | 306.13M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Brady management provided guidance for FY 2023, expecting earnings between $3.3 and $3.6 per share.
To track all earnings releases for Brady visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
