Brady (BRC) Expected to Announce Earnings on Thursday

Brady (NYSE:BRC) is expected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Brady to post earnings of $1.03 per share and revenue of $359.21 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Brady (NYSE:BRC) last released its quarterly earnings data on Monday, November 18th. The industrial products company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.02. The company had revenue of $377.10 million for the quarter, compared to analyst estimates of $365.88 million. Brady had a return on equity of 19.79% and a net margin of 14.19%. The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share.

Brady Stock Performance

NYSE BRC opened at $74.24 on Thursday. Brady has a fifty-two week low of $56.09 and a fifty-two week high of $77.68. The stock’s fifty day moving average is $74.21 and its two-hundred day moving average is $73.80. The firm has a market capitalization of $3.55 billion, a P/E ratio of 18.24 and a beta of 0.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.25 and a current ratio of 1.84.

Brady Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Friday, January 10th. Brady’s dividend payout ratio (DPR) is presently 23.59%.

Brady Company Profile

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 company offers materials, printing systems, RFID, and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications; safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout device, and software and services for safety compliance auditing, procedure writing, and training; and hand-held printers, wire markers, sleeves, and tags for wire identification.