Brink's (BCO) Tops Q2 EPS by 18c; Raises Outlook
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Brink's Reports Improved Second-Quarter Results
July 26, 2017 7:01 AM EDTRICHMOND, Va., July 26, 2017 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), the global leader in cash management, secure logistics and security solutions, today announced results for the second quarter of 2017. Highlights include:
GAAP: Revenue up 9%, operating profit up 50%, margin up 160 bps to 6%, EPS $.28 vs $.01Non-GAAP:Â Revenue up 6%, operating profit up 52%, margin up 240 bps to 7.9%, EPS up 64% ($.64 vs $.39)Four acquisitions completed in 2017, another expected to close in fourth quarterDoug Pertz, president and chief executive officer, said:Â The strong increase in our second-quarter... More
