Brink's (BCO) Misses Q2 EPS by 4c

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Brink's Reports Second-Quarter Results, Reaffirms 2015 EPS Guidance

July 30, 2015 8:01 AM EDT

Non-GAAP EPS $.27 vs $.16GAAP EPS Loss $(.26) vs $.02Non-GAAP Profit Growth Driven by Global Cost Reductions, Latin America Results

RICHMOND, Va., July 30, 2015 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), a global leader in security-related services, today reported second-quarter earnings.

Second-Quarter Highlights

GAAP: Revenue down 11% on currency translation (6% organic growth); operating margin (1.9)% GAAP operating loss due primarily to Venezuela non-cash impairment charge of $35 million Non-GAAP: Revenue down... More