Brady: Overview of Second Quarter Financial Results

Brady Corp. Announces Second-Quarter Financial Results

Brady Corp., headquartered in Milwaukee, reported a net profit of $48.1 million for its fiscal second quarter.

The company achieved earnings of $1.01 per share, with adjusted earnings—excluding amortization expenses—coming in at $1.09 per share.

During this quarter, the manufacturer specializing in identification and security solutions generated $384.1 million in revenue.

Looking ahead, Brady projects its annual earnings per share to fall between $4.95 and $5.15.

Since the start of the year, Brady’s stock price has increased by 22%, and over the past year, shares have gained 29% in value.