Brink's (BCO) Tops Q3 EPS by 8c
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Brink's Reports Improved Third-Quarter Results
October 25, 2017 7:29 AM EDTStrong Organic Operating Profit Growth Supplemented by AcquisitionsManagement Provides Initial 2018 EBITDA Target of $500 to $525 Million, Updates 2017 Guidance
RICHMOND, Va., Oct. 25, 2017 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), the global leader in cash management, secure logistics and security solutions, today announced results for the third quarter of 2017. Highlights include:
GAAP: Revenue up 12%, operating profit up 11%, margin 7.8% vs 7.9%, EPS $.38 vs $.48Non-GAAP: Revenue up 13%, operating profit up 21%, margin 9.2% vs 8.6%, EPS $.83 vs $.68Management expects additional acquisitions totaling $400 million per year in 2018 and 2019Doug Pertz, president and chief... More
