12:15 PM EDT, 05/22/2024 (MT Newswires) -- (Updates with share price movement in headline and first paragraph)

Brady (BRC) shares rose 8.9% in recent Wednesday trading after fiscal Q3 results topped estimates by analysts, and the company boosted its full-year EPS guidance.

Fiscal Q3 adjusted earnings rose to $1.09 per diluted share from $0.95 a year earlier, the company said Wednesday.

Analysts polled by Capital IQ expected $1.03.

Net sales in the quarter ended April 30 rose to $343.4 million from $337.1 million a year earlier.

Analysts polled by Capital IQ expected $339.7 million.

The company raised full-year adjusted EPS guidance to $4.08 to $4.15 from $3.95 to $4.10. Analysts polled by Capital IQ expect $4.04.

Price: 65.64, Change: +5.37, Percent Change: +8.90