Stock Track | Brady Soars 5.34% in Pre-Market on Strong Q3 Earnings Beat and Raised Guidance
Stock Track
May 18
Brady Corporation's stock surged 5.34% in pre-market trading on Monday, following the release of its fiscal 2026 third-quarter financial results that exceeded analyst expectations.
The company reported adjusted earnings per share of $1.50 for the quarter, a 23% increase year-over-year and significantly above the consensus estimate of $1.34. Quarterly sales reached $435.2 million, representing a 13.8% increase and beating the estimated $406.07 million.
Furthermore, Brady raised its full-year adjusted EPS guidance to a range of $5.20 to $5.30, up from the previous forecast of $4.95 to $5.15. This revised outlook also surpasses the FactSet consensus estimate of $5.01, indicating stronger-than-expected future performance.
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