Recap: Brady Q4 Earnings - Brady (NYSE:BRC)

Brady BRC reported its Q4 earnings results on Thursday, September 1, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Brady beat estimated earnings by 2.35%, reporting an EPS of $0.87 versus an estimate of $0.85.

Revenue was up $17.85 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 3.43% increase in the share price the next day.

Here's a look at Brady's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	0.80	0.7	0.75	0.7
EPS Actual	0.86	0.7	0.72	0.7
Revenue Estimate	333.03M	306.64M	313.79M	300.46M
Revenue Actual	338.55M	318.06M	321.48M	306.13M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Brady management provided guidance for FY 2023, expecting earnings between $3.3 and $3.6 per share.

To track all earnings releases for Brady visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.