— Brady Corp. (BRC) on Friday reported fiscal fourth-quarter
earnings of $36.6 million.
a per-share basis, the Milwaukee-based company said it had net
income of 68 cents.
results surpassed Wall Street expectations. The average estimate
of three analysts surveyed by Zacks Investment Research was for
earnings of 61 cents per share.
identification and security products maker posted revenue of
$295.3 million in the period.
the year, the company reported profit of $131.3 million, or $2.46
per share. Revenue was reported as $1.16 billion.
expects full-year earnings to be $2.45 to $2.55 per share.
shares have increased 12% since the beginning of the year. The
stock has risen 16% in the last 12 months.