Brady misses by $0.10, misses on revs; guides FY13 EPS in-line Reports Q2 (Jan) earnings of $0.38 per share, excluding non-recurring items, $0.10 worse than the Capital IQ Consensus Estimate of $0.48; revenues rose 1.1% year/year to $324.2 mln vs the $327.64 mln consensus. Organic sales declined 3.1%, the impact of foreign currency translation increased sales by 0.2%, and acquisitions, net of divestitures added 4.0%.

By segment:

• organic sales increased 0.6% in the Americas
• organic sales decreased 5.0% in EMEA
• organic sales decressed 7.0% in the Asia-Pacific region

Guidance
Co issues in-line guidance for FY13, sees EPS of toward lower end of prior guidance of $2.20-2.40, excluding non-recurring items, vs. $2.28 Capital IQ Consensus Estimate. Co states fourth quarter will be stronger than the third quarter

"We anticipate continuing pressure on organic sales for the remainder of fiscal 2013 as the global macro-economy remains sluggish."

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