Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Brady Corp (NYSE:BRC) jumped as much as 16% today after the company released earnings.

So what: Fiscal third quarter revenue was up 2.3% from a year ago to $309.6 million, topping the $302.4 million consensus estimate. On the bottom line, earnings per share of $0.43 were five cents ahead of estimates.  

Now what: Growth appears to be picking up, particularly in the Identification Solutions business, where organic sales were up 4.8%. The growth was also enough for management to issue fourth quarter earnings guidance of $0.45 to $0.55 per share, which is on the high end of analysts' estimates of $0.46. With growth picking up and shares trading at 14 times estimates that will probably go up after this quarter, I think there's good long-term value here.

Travis Hoium has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.