Brink's Company (BCO) Releases Earnings Results, Misses Expectations By $-0.18 EPS

Brink's Company (BCO) reported quarterly earnings results on Tuesday, May-3-2016. The company reported $0.30 earnings per share for the quarter, missing the analyst consensus estimate by $-0.18. Analysts had a consensus of $0.48. The company posted revenue of $721.80 million in the period, compared to analysts expectations of $689.31 million. The company’s revenue was down -7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.

Many Wall Street Analysts have commented on Brink's Company. BB&T Capital Mkts Initiated Brink's Company on Apr 13, 2016 to “Buy”, Price Target of the shares are set at $38.

Brink's Company opened for trading at $33.96 and hit $34.09 on the upside on Monday, eventually ending the session at $33.94, with a gain of 0.30% or 0.1 points. The heightened volatility saw the trading volume jump to 3,50,403 shares. Company has a market cap of $1,662 M.

In a different news, on Jun 4, 2015, Patricia A Watson (VP & Chief Information Officer) sold 1,162 shares at $32.15 per share price. According to the SEC, on May 26, 2015, Amit Zukerman (Executive Vice President) sold 4,864 shares at $31.79 per share price. On May 26, 2015, Ronald L Turner (director) sold 2,897 shares at $31.85 per share price, according to the Form-4 filing with the securities and exchange commission.

The Brink’s Company (Brink’s) is a provider of secure logistics and security solutions. The Company’s solutions include cash-in-transit automated teller machine (ATM) replenishment and maintenance international transportation of valuables and cash management services to financial institutions retailers government agencies (including central banks) mints jewelers and other commercial operations across the world. The Company’s network serves customers in more than 100 countries and includes ownership interest in 41 countries and agency relationships with companies in additional countries. The Company operates in nine segments: the United States France Mexico Brazil Canada Latin America Europe Middle East and Africa (EMEA) Asia and payment services. The Company designs customized services to meet the cash and valuables supply chain needs of its customers.

Brink's Company

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