Brady Corporation (NYSE:BRC) Announces 4Q19 Income Advance

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Brady Corporation (NYSE:BRC) announced fourth quarter financial results before market open today

The company revealed income of $ 36.61 million or $ 0.68 per share, expanded 3.03 percent compared with income of $ 34.95 million or $ 0.66 per share, a year ago period.

The net sales for the fourth quarter reduced 0.75 percent to $ 295.28 million from $ 297.50 million in the same quarter last year.

Street analysts expected Brady Corporation to report revenue of $ 299.91 million for the fourth quarter.

Analysts estimates are from Thomson Reuters, exclude one time gain or loss.

Further, the company announced 2020 earnings estimate to a range of $ 2.45 ~ $ 2.55 per share.

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