Brink's (BCO) Misses Q4 EPS by 7c, Approves $250M Buyback, Offers Guidance
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Go back to Brink's (BCO) Misses Q4 EPS by 7c, Approves $250M Buyback, Offers Guidance
February 6, 2020 7:30 AM EST
Full-Year EPS: GAAP $.55 vs ($.65); Non-GAAP $3.89 vs $3.46 Fourth-Quarter EPS: GAAP ($.08) vs $.68; Non-GAAP $1.18 vs $1.05 Segment Operating Profit Rose 22% in Fourth Quarter, up 17% in Full YearResults Include Cash Repatriation Expense ($5M or $.06 per share) and Charge Related to Equity Investment in MoneyGram ($3M or $.05 per share), not in prior guidanceStrategic Plan Ending 2019 Yielded 3-year Operating Profit CAGR of 9% GAAP and 22% Non-GAAPNew 3-Year Strategic Plan to be Announced at June Investor Day New $250M Share Repurchase Program
RICHMOND, Va., Feb. 06, 2020 (GLOBE NEWSWIRE)... More
February 6, 2020 7:30 AM EST
RICHMOND, Va., Feb. 06, 2020 (GLOBE NEWSWIRE) -- The Brinks Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that its board of directors authorized a $250 million share repurchase authorization that expires on December 31, 2021. The authorization replaces the companys previous share repurchase program, which... More
