Brady Guides FY27 Adjusted EPS Up 23% at Midpoint
BRC sits 28% above its 52-week low of $70.57.
Summary
Brady Corp issued FY27 adjusted diluted EPS guidance of $6.25 to $6.75, with a midpoint implying 23% growth over the prior year. This is the first forward-looking earnings guidance from the company following its $1.4B Honeywell PSS acquisition, which closed in early August. The company also sees FY27 IPS segment revenue of about $1.15 billion. The guidance suggests management expects meaningful accretion from the deal and continued organic momentum. Investors will look for confirmation of the underlying drivers when the company reports Q4 results.
At the time of this announcement, BRC was trading at $90.18 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.2B. The 52-week trading range was $70.57 to $99.29. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.