Brady Corp. Raises FY17 Earnings Outlook - Quick Facts

(RTTNews) - While reporting its second-quarter financial results today, Brady Corp. (BRC) raised its fiscal 2017 earnings outlook.

For fiscal 2017, the company raised its earnings outlook for Class A common share to a range of $1.75 to $1.85 per share from the prior range of $1.55 to $1.70 per share. Included in this guidance are organic sales ranging from a low single-digit decline to slightly positive growth for the year ending July 31, 2017.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.69 per share for fiscal 2017. Analysts' estimates typically exclude special items.