Brink's (BCO) Misses Q1 EPS by 5c, Affirms FY Guidance
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Brink’s Reports First-Quarter Results
May 3, 2016 8:31 AM EDTNon-GAAP EPS $.30 vs $.44; GAAP EPS ($.06) vs ($.01)Â 2016 Non-GAAP EPS Guidance of $2.00 - $2.20 Affirmed
RICHMOND, Va., May 03, 2016 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), a global leader in security-related services, today reported first-quarter earnings.
First-Quarter Highlights
GAAP:
Revenue down 7% (11% organic growth); operating margin 1.9% vs 1.7%; EPS ($.06) vs ($.01)Non-GAAP:
Revenue down 9% (3% organic growth); operating margin 4.5% vs 5.4%; EPS $.30 vs $.44Currency reduced revenue by $84 million,... More