Brink's (BCO) Turnaround Expected to Make Appearance in Q4 Results

On February 1st The Brink's Company (NYSE: BCO) will report Q4 earnings before the market opens. In a note today, analysts at Imperial Capital said they expect results to show a turn around in North America and a beat on the bottom line ($0.68 vs. $0.66) with revenue in-line at approximately $1 billion.

"We anticipate continued turnaround progress in North America and International growth, buoyed by the integration of Mexico," said analyst Michael Kim. "While Europe remains challenging, we expect further margin expansion and stock price appreciation as the company’s operating performance converges with its peer group."

Imperial Capital reiterated an Outperform rating on Brinks Co. and raised its price target to $33.50 (from $31.00).

For an analyst ratings summary and ratings history on Brinks Co. (NYSE: BCO) click here. For more ratings news on Brinks Co. click here.

Shares of Brinks Co. closed at $30.25 yesterday.

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