Brady Corporation (NYSE:BRC) is reporting first quarter financial results on Thursday 19th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, BRC is expected to report 1Q21 income of $ 0.57 per share from revenue of $ 270.52 million.
For the full year, analysts anticipate top line of $ 1101.75 million, while looking forward to income of $ 2.46 per share bottom line.
Previous Quarter Performance
Brady Corporation unveiled income for the fourth quarter of $ 0.53 per share, from the revenue of $ 251.74 million. The quarterly earnings 22.06 percent while revenues contracted 14.75 percent compared with the same quarter last year.
Street analysts expected Brady Corporation to report income of $ 0.52 per share on revenue of $ 249.47 million for the fourth quarter. The bottom line results beat street analysts by $ 0.01 or 1.92 percent, at the same time, top line results outshined analysts by $ 2.27 million or 0.91 percent.
Stock Performance
Shares of Brady Corporation traded low $ -0.80 or -1.69 percent on Wednesday, reaching $ 46.62 with volume of 262.70 thousand shares. Brady Corporation has traded high as $ 47.45 and has cracked $ 46.24 on the downward trend
According to the previous trading day, closing price of $ 46.62, representing a 43.70 % increase from the 52 week low of $ 33.00 and a 19.78 % decrease over the 52 week high of $ 59.11.
The company has a market capital of $ 2.42 billion and is part of the Industrials sector and Security & Protection Services industry.
Conference Call
Brady Corporation will be hosting a conference call at 10:30 AM eastern time on 19th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bradyid.com
Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The IDS segment offers safety signs, pipe markers, labeling systems, spill control products, and lockout/tagout devices for facility identification and protection; materials and printing systems for product identification, brand protection labeling, work in process labeling, and finished product identification; and hand-held printers, wire markers, sleeves, and tags for wire identification, as well as software and services for safety compliance auditing, procedure writing, and training. Its products also comprise name tags, badges, lanyards, and access control software for people identification; wristbands and labels for tracking and enhancing the safety of patients in hospitals; and custom wristbands for use in the leisure and entertainment industry, such as theme parks, concerts, and festivals.
