Brady Corporation reported impressive Q3 fiscal 2026 results, with EPS of $1.50, beating estimates of $1.35 by 11.11%. Revenue reached $435.24 million, surpassing the $405.86 million forecast by 7.24%.
The strong performance drove shares up 13.8% in premarket trading. The company's focus on cost reductions and favorable sales mix boosted gross margins. With a market cap of $3.85 billion and ROE of 17%, Brady continues to generate robust cash flow.
CEO Russell Shaller commented: 'We reported a record-high adjusted EPS of $1.50, up 23% year-over-year. Organic sales grew 8.2%, and gross margin was nearly 52%.' He highlighted the acquisition of Honeywell's Productivity Solutions and Services (PSS) business as a transformative opportunity.
Brady raised its full-year adjusted EPS guidance to $5.20-$5.30 and expects mid-single-digit organic sales growth for fiscal 2026.
