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Brady Sees 2025 Adj EPS Guidance Of $4.40-$4.70 Vs. $4.59 Est.

Benzinga ·  Nov 18, 2024 20:10

Fiscal 2025 Guidance:

  • The Company's Adjusted Diluted EPS* guidance for the year ending July 31, 2025 remains unchanged at $4.40 to $4.70 per share, and the Company's GAAP earnings per diluted Class A Nonvoting Common Share guidance for the year ending July 31, 2025, was updated for amortization and other acquisition-related charges to $4.02 to $4.32 per share.
  • The other assumptions included in our fiscal 2025 guidance are effectively unchanged. We expect a full-year income tax rate of approximately 20 percent, depreciation and amortization expense of approximately $40 million, and capital expenditures of approximately $35 million. Our fiscal 2025 guidance is based on foreign currency exchange rates as of October 31, 2024, and assumes continued economic growth.
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