Brady Corporation issued its initial fiscal 2027 guidance, forecasting adjusted diluted earnings per share of $6.25 to $6.75, which includes approximately $0.80 of accretion from its newly acquired Intelligent Productivity Solutions (IPS) business, with IPS expected to contribute about $1.15 billion in revenue. The company, which closed its acquisition of Honeywell's PSS business a month ago, is reorganizing into two reportable segments: Identification Solutions (IDS) and IPS. CFO Ann Thornton said IDS revenue is expected to grow about 5% organically, while IPS accretion is weighted toward the second half of the fiscal year. Brady also reported fourth-quarter adjusted EPS of $1.48 on record revenue, with organic sales up 8.4% and gross margin improving to 52.9%, helped by a tariff refund of approximately $4 million. The company announced its 41st consecutive annual dividend increase and repurchased 333,000 shares for $28.1 million in the quarter.
Brady CorporationInitial FY2027 guidance with EPS forecast and IPS accretion, plus Q4 results and dividend increase.
Honeywell International Inc