Brinks Earnings: Here’s Why Investors are Ambivalent Now

Brinks Co. (NYSE:BCO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0%.

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Brinks Co. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 39.66% to $0.35 in the quarter versus EPS of $0.58 in the year-earlier quarter.

Revenue: Rose 0.74% to $974 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Brinks Co. reported adjusted EPS income of $0.35 per share. By that measure, the company beat the mean analyst estimate of $0.3. It beat the average revenue estimate of $966.55 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 4.82% from $929.2 million in the previous quarter. EPS decreased 41.67% from $0.60 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.44 to a profit $0.4. For the current year, the average estimate has moved down from a profit of $2.4 to a profit of $1.82 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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