NYSE$BRC
Brady Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Brady's Q4 2021 financial results were reported, showcasing significant sales growth and strong EPS performance.
Brady Corporation reported a strong fourth quarter in fiscal year 2021, with a 21.6% increase in sales and diluted EPS of $0.53. The company's investments in sales, marketing, and R&D, combined with improved market conditions, contributed to double-digit organic sales growth. Brady also completed three acquisitions and maintained a strong balance sheet.
- Sales increased by 21.6 percent, driven by organic growth, acquisitions, and foreign currency translation.
- Organic sales grew by 12.6 percent.
- Diluted EPS was $0.53, while diluted EPS excluding certain items increased 32.1 percent to $0.70.
- Net cash provided by operating activities was $50.8 million.
Headline financials
Revenue & EPS history
Brady · Revenue · Quarterly
$306M
Forward guidance
Brady expects earnings per diluted Class A Nonvoting Common Share, excluding after-tax amortization expense to range from $3.12 to $3.32 for the year ending July 31, 2022. Brady also expects GAAP earnings per diluted Class A Nonvoting Common Share to range from $2.90 to $3.10, which would be an increase of 17.4 percent to 25.5 percent over the GAAP earnings per diluted Class A Nonvoting Common Share of $2.47 for the year ended July 31, 2021.
Tailwinds
- Earnings per share, excluding after-tax amortization expense, are expected to range from $3.12 to $3.32.
- GAAP earnings per share are expected to range from $2.90 to $3.10.
- The GAAP EPS guidance range represents an increase of 17.4% to 25.5% compared to the previous year.
- Sales growth in excess of 12 percent is expected for the year ending July 31, 2022.
- Guidance is based on a continued economic recovery.
Headwinds
- Guidance includes an $8.1 million increase in amortization expense.
- The increased amortization expense equates to an after-tax year-over-year increase of approximately $0.12 per share.
- Guidance is based on foreign currency exchange rates as of July 31, 2021.
- The Company’s fiscal 2022 guidance assumes a continued economic recovery.
- Capital expenditures, exclusive of facility purchases are expected to be approximately $25 million during the year ending July 31, 2022.
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 Q4 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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