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Brady Fiscal Q3 Adjusted Earnings, Net Sales Increase; Raises Earnings Outlook, Shares Advance Premarket
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Brady Fiscal Q3 Adjusted Earnings, Net Sales Increase; Raises Earnings Outlook, Shares Advance Premarket
May 22, 2024 4:42 AM

07:23 AM EDT, 05/22/2024 (MT Newswires) -- Brady (BRC) reported fiscal Q3 adjusted earnings Wednesday of $1.09 per diluted share, up from $0.95 a year earlier.

Analysts polled by Capital IQ expected $1.03.

Net sales for the quarter ended April 30 were $343.4 million compared with $337.1 million a year earlier.

Analysts polled by Capital IQ expected $339.7 million.

The company raised its full-year adjusted EPS guidance to between $4.08 and $4.15, from the previous range of $3.95 to $4.10. Analysts polled by Capital IQ expect $4.04.

Shares of Brady were up more than 2% premarket.

Price: 62.00, Change: +1.73, Percent Change: +2.87

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