* Brady Corp reported quarterly adjusted earnings of $1.12 per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of $1.00. The mean expectation of three analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from $1.07 to $1.10 per share.
* Revenue rose 3.4% to $377.07 million from a year ago; analysts expected $365.88 million.
* Brady Corp's reported EPS for the quarter was 97 cents.
* The company reported quarterly net income of $46.78 million.
* Brady Corp shares had fallen by 3.2% this quarter and gained 26.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the business support supplies peer group is also "strong buy"
Wall Street's median 12-month price target for Brady Corp is $86.00 This summary was machine generated from LSEG data November 18 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Oct. 31 2024 1.09 1.12 Beat
Apr. 30 2024 1.11 1.19 Beat
Apr. 30 2024 0.93 1.09 Beat
Jan. 31 2024 0.93 0.93 Met
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