Brink's (BCO) Misses Q4 EPS by 1c, Revenue Beats; Offers Guidance

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Brink’s Reports Fourth-Quarter and Full-Year Earnings

February 7, 2018 7:38 AM EST

Operating Results Meet Guidance Despite $11 Million Theft Loss in December

U.S. Turnaround on Track as Full-Year Profits More Than Triple Versus 2016

2019 Adjusted EBITDA Target Raised to $625 Million

RICHMOND, Va., Feb. 07, 2018 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), the global leader in cash management, secure logistics and security solutions, today announced fourth-quarter and full-year results for 2017.  Highlights include:

GAAP

Fourth-quarter revenue up 12%, operating profit up 28%, margin 9.8% vs 8.6%, EPS ($1.02) vs $.28Full-year revenue up 11%, operating profit up 48%, margin 8.2% vs... More