Brady Corporation (NYSE:BRC) is set to announce fourth quarter earning results on Wednesday 16th September 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, BRC to report 4Q20 income of $ 0.52 per share.
For the full year, analysts anticipate top line of $ 1079.03 million, while looking forward to income of $ 2.28 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.55 ~ $ 2.65 per share
Click Here For More Historical Outlooks Of Brady Corporation
Previous Quarter Performance
Brady Corporation disclosed income for the third quarter of $ 0.47 per share, from the revenue of $ 265.94 million. The quarterly earnings contracted 27.69 percent compared with the same quarter last year. According to street consensus, BRC was expected to report 3Q20 income of $ 0.52 per share from revenue of $ 261.17 million. The bottom line results missed street analysts by $ 0.05 or 9.62 percent, at the same time, top line results outshined analysts by $ 4.77 million or 1.83 percent.
Stock Performance
Shares of Brady Corporation traded up $ 0.25 or 0.55 percent on Tuesday, reaching $ 46.11 with volume of 213.60 thousand shares. Brady Corporation has traded high as $ 46.55 and has cracked $ 45.61 on the downward trend
According to the previous trading day, closing price of $ 46.11, representing a 38.97 % increase from the 52 week low of $ 33.00 and a 22.42 % decrease over the 52 week high of $ 59.11.
The company has a market capital of $ 2.43 billion and is part of the Industrials sector and Security & Protection Services industry.
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.
