Benzinga | May 19, 2021 10:33AM EDT

Earnings Outlook For Brady

On Thursday, May 20, Brady (NYSE:BRC) will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Brady earnings will be near $0.66 per share on sales of $277.48 million, according to analysts. Brady EPS in the same period a year ago totaled $0.47. Revenue was $265.94 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 40.43% increase in the company's earnings. Revenue would be up 4.34% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past: Quarter Q2 2021 Q1 2020 Q4 2020 Q3 2020EPS Estimate 0.61 0.57 0.52 0.52EPS Actual 0.59 0.64 0.53 0.47Revenue Estimate 270.07 M 270.52 M 249.47 M 261.17 MRevenue Actual 265.84 M 277.23 M 251.74 M 265.94 M

Stock Performance

For a full 12 months, the return has risen by 15.65%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Brady is scheduled to hold the call at 10:30:00 ET and can be accessed here.