Brady Corp Beats Estimates, Focuses on Innovation

Brady Corporation, known as BRC, exceeded Wall Streets expectations with Q3 revenue of $405.3 million and adjusted earnings per share of $1.21. The company attributed this growth to strong demand in the Americas and Asia, particularly for their specialized identification solutions. Despite these positive results, the market reacted cautiously. Brady acknowledged ongoing challenges such as tariff headwinds and a tough manufacturing environment. The company raised its full-year adjusted earnings per share guidance to $5.03 at the midpoint, focusing on higher-margin engineered products and cost control. Analysts will monitor the adoption of their new BradyScan app, profit margin improvement, and European and Australian market recovery.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.