Brady Corporation Q3 Income Rises

(RTTNews) - Brady Corporation (BRC) released a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $26.00 million, or $0.49 per share. This compares with $22.55 million, or $0.43 per share, in last year's third quarter.

Analysts had expected the company to earn $0.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.2% to $298.42 million from $275.93 million last year.

Brady Corporation earnings at a glance:

-Earnings (Q3): $26.00 Mln. vs. $22.55 Mln. last year. -EPS (Q3): $0.49 vs. $0.43 last year. -Analysts Estimate: $0.49 -Revenue (Q3): $298.42 Mln vs. $275.93 Mln last year.

-Guidance: Full year EPS guidance: $1.95 - $2.00