Brady Corporation Reports 75% Increase In Q4 Earnings

(RTTNews) - Brady Corporation (BRC) reported earnings for its fourth quarter that advanced from last year.

The company said its bottom line came in at $25.14 million, or $0.49 per share. This was up from $14.39 million, or $0.28 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.3% to $282.11 million. This was down from $288.64 million last year.

Brady Corporation earnings at a glance:

-Earnings (Q4): $25.14 Mln. vs. $14.39 Mln. last year. -Earnings Growth (Y-o-Y): 74.7% -EPS (Q4): $0.49 vs. $0.28 last year. -EPS Growth (Y-o-Y): 75.0% -Analysts Estimate: $0.37 -Revenue (Q4): $282.11 Mln vs. $288.64 Mln last year. -Revenue Change (Y-o-Y): -2.3%