Brady Earnings Preview: Get Ahead of the Analysts
Brady (NYSE:BRC) will report earnings before markets open on Thursday, May 16th. Brady Corporation manufactures industrial identification solutions. The Company’s products include labels, coated materials, signs, software, printing systems, and data-collection systems. Brady sells its products to a variety of industries around the world, including telecommunications, electrical, electronics, and manufacturing.
Here is your Cheat Sheet to Brady Earnings:
Earnings Expectations: Analysts expect earnings of $0.60 per share on revenues of $368.38 million. Currently, the company’s P/E ratio stands at 31.20.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.6 to a profit $0.61. For the current year, the average estimate is a profit of $2.17, which is worse than the estimate ninety days ago.
Here’s how Brady has been performing on an annual basis:
|Revenue ($) in millions||1,523||1,209||1,259||1,340||1,324|
|Diluted EPS ($)||2.41||1.32||1.55||2.04||-0.35|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||320.58||331.63||322.55||337.65||324.18|
|Diluted EPS ($)||-1.72||0.52||0.2234||0.51||-0.17|
Brady has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)