Brink's (BCO) Tops Q1 EPS by 18c; Raises Outlook

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Go back to Brink's (BCO) Tops Q1 EPS by 18c; Raises Outlook

Brink's Reports Improved First-Quarter Results

April 26, 2017 7:04 AM EDT

RICHMOND, Va., April 26, 2017 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO) today announced financial results for the first quarter of 2017, which include the following highlights:

GAAP: Revenue up 9%, operating profit up 202% to $71 million, EPS $.67 vs ($.06)Non-GAAP: Revenue up 7%, operating profit up 62% to $53 million, EPS $.57 vs $.31Continued improvement in U.S., strong profit growth in all segments

Doug Pertz, president and chief executive officer, said: Our first-quarter non-GAAP results include organic revenue growth of 7%, a 62% increase in operating profit and an 84% increase in earnings per... More