NYSE$BRC
Brady Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Brady's financial performance saw sales decline, but pre-tax income increased due to efficiency gains.
Brady Corporation reported a decrease in sales by 3.4%, driven by a 4.9% organic sales decline, while experiencing a 1.5% increase from foreign currency translation. Despite the sales dip, pre-tax income increased due to focus on sustainable efficiency gains. The company's Workplace Safety business showed strength, driven by COVID-19 related products.
- Sales declined by 3.4% due to a 4.9% organic sales decline, offset by a 1.5% increase from foreign currency translation.
- Income before income taxes and losses of unconsolidated affiliate increased by 1.6% to $42.2 million.
- Diluted EPS was $0.64, down from $0.70 in the same quarter of the prior year due to a reduced income tax rate last year.
- Cash flow from operating activities increased by 61.8% to $62.8 million.
Headline financials
Revenue & EPS history
Brady · Revenue · Quarterly
$277M
Forward guidance
Brady expects macroeconomic challenges and reduced demand for COVID-19 related products to impact financial results for the quarter ending January 31, 2021.
Headwinds
- Reduction in demand for products specifically designed to help in the fight of COVID-19
- Macro-economic challenges caused by additional government lockdowns
- Impact to financial results for the quarter ending January 31, 2021
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2021
+1.1%
Avg return
Earnings day
+1.2%
Avg return
5 days after
-0.4%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+18.2%
Q1 2016
Best reaction
-9.3%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -0.1% | +23.0% | +17.6% | |
| Q2 2026 | -2.0% | -2.4% | -15.1% | |
| Q1 2026 | -1.9% | +3.8% | +8.8% | |
| Q4 2025 | +6.8% | +1.1% | +0.5% | |
| Q3 2025 | -5.7% | -8.0% | -10.9% | |
| Q2 2025 | -6.8% | -1.9% | -5.4% | |
| Q1 2025 | -6.2% | -1.9% | -0.6% | |
| Q4 2024 | +1.2% | +1.0% | +4.0% | |
| Q3 2024 | +12.8% | +13.1% | +9.8% | |
| Q2 2024 | -7.5% | -8.1% | -6.3% | |
| Q1 2024 | +0.4% | -1.2% | +7.6% | |
| Q4 2023 | +9.3% | +8.9% | +9.0% | |
| Q3 2023 | +2.1% | -3.4% | -4.5% | |
| Q2 2023 | +4.1% | +5.7% | -0.5% | |
| Q1 2023 | -0.1% | +0.1% | -5.0% | |
| Q4 2022 | -2.1% | -7.6% | -10.3% | |
| Q3 2022 | +9.0% | +5.8% | +0.9% | |
| Q2 2022 | -7.4% | -9.1% | -7.3% | |
| Q1 2022 | -6.3% | -4.1% | -2.0% | |
| Q4 2021 | -3.2% | -4.2% | -5.2% | |
| Q3 2021 | +2.3% | +2.0% | +0.2% | |
| Q2 2021 | -1.0% | +2.3% | +7.0% | |
| Q1 2021 | -1.0% | +0.2% | +5.6% | |
| Q4 2020 | -8.0% | -13.9% | -9.2% | |
| Q3 2020 | +5.0% | +8.8% | +1.4% | |
| Q2 2020 | -1.1% | -2.9% | -25.8% | |
| Q1 2020 | +3.5% | +6.5% | +4.0% | |
| Q4 2019 | +7.4% | +12.4% | +6.5% | |
| Q3 2019 | +1.4% | +2.2% | +4.0% | |
| Q2 2019 | +1.7% | +0.8% | -4.4% | |
| Q1 2019 | +2.6% | +0.1% | -2.0% | |
| Q4 2018 | +11.8% | +6.7% | -3.8% | |
| Q3 2018 | +0.0% | +2.1% | +2.4% | |
| Q2 2018 | +1.4% | -0.8% | -4.1% | |
| Q1 2018 | +2.1% | +3.3% | +3.7% | |
| Q4 2017 | +8.3% | +9.8% | +16.1% | |
| Q3 2017 | -0.3% | -3.2% | -7.9% | |
| Q2 2017 | -0.8% | -3.2% | -3.0% | |
| Q1 2017 | -0.5% | +0.7% | +2.6% | |
| Q4 2016 | +5.0% | +3.4% | +4.6% | |
| Q3 2016 | +15.9% | — | — | |
| Q2 2016 | +15.4% | — | — | |
| Q1 2016 | +18.2% | — | — | |
| Q4 2015 | -9.3% | — | — | |
| Q3 2015 | -4.0% | — | — | |
| Q2 2015 | -4.7% | — | — | |
| Q1 2015 | +5.2% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | +3.2% | — | — | |
| Q2 2014 | -3.4% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | +1.0% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | +3.6% | — | — | |
| Q2 2012 | +3.2% | — | — | |
| Q1 2012 | -3.1% | — | — | |
| Q4 2011 | -3.6% | — | — | |
| Q3 2011 | -1.8% | — | — | |
| Q2 2011 | +2.6% | — | — | |
| Q1 2010 | +1.7% | — | — | |
| Q4 2010 | -0.3% | — | — | |
| Q3 2010 | -8.6% | — | — | |
| Q2 2009 | +2.8% | — | — |
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