Brink's (BCO) Tops Q2 EPS by 18c; Raises Outlook

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Go back to Brink's (BCO) Tops Q2 EPS by 18c; Raises Outlook

Brink's Reports Improved Second-Quarter Results

July 26, 2017 7:01 AM EDT

RICHMOND, 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 $.01Non-GAAP:  Revenue up 6%, operating profit up 52%, margin up 240 bps to 7.9%, EPS up 64% ($.64 vs $.39)Four acquisitions completed in 2017, another expected to close in fourth quarter

Doug Pertz, president and chief executive officer, said:  The strong increase in our second-quarter... More