Brady Corporation Q1 Earnings Rise 15%

(RTTNews) - Brady Corporation (BRC) announced a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line rose to $25.84 million, or $0.49 per share. This was higher than $22.55 million, or $0.44 per share, in last year's first quarter.

Analysts had expected the company to earn $0.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.6% to $290.15 million. This was up from $280.18 million last year.

Brady Corporation earnings at a glance:

-Earnings (Q1): $25.84 Mln. vs. $22.55 Mln. last year. -Earnings Growth (Y-o-Y): 14.6% -EPS (Q1): $0.49 vs. $0.44 last year. -EPS Growth (Y-o-Y): 11.4% -Analysts Estimate: $0.48 -Revenue (Q1): $290.15 Mln vs. $280.18 Mln last year. -Revenue Change (Y-o-Y): 3.6%

-Guidance: Full year EPS guidance: $1.85 - $1.95