Brink’s (BCO) Set to Announce Quarterly Earnings on Wednesday

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Brink’s (NYSE:BCO) will announce its earnings results before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $1.11 per share for the quarter. Brink’s has set its FY 2019 guidance at $4.10-4.30 EPS and its FY19 guidance at $4.10-4.30 EPS.Investors interested in participating in the company’s conference call can do so using this link.

Brink’s (NYSE:BCO) last issued its earnings results on Wednesday, July 24th. The business services provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.83 by $0.01. The firm had revenue of $914.00 million during the quarter, compared to analysts’ expectations of $898.98 million. Brink’s had a return on equity of 92.10% and a net margin of 2.20%. Brink’s’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business earned $0.74 earnings per share. On average, analysts expect Brink’s to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of BCO stock opened at $86.01 on Monday. The stock has a market cap of $4.29 billion, a P/E ratio of 24.86 and a beta of 1.49. Brink’s has a one year low of $59.08 and a one year high of $93.81. The stock has a fifty day moving average price of $81.08 and a 200 day moving average price of $81.59. The company has a debt-to-equity ratio of 7.91, a current ratio of 1.40 and a quick ratio of 1.40.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 8th will be given a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 0.70%. Brink’s’s dividend payout ratio (DPR) is currently 17.34%.

Several research analysts recently commented on BCO shares. ValuEngine cut Brink’s from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Imperial Capital raised their target price on Brink’s from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday, July 25th. They noted that the move was a valuation call. Buckingham Research cut their price objective on Brink’s from $115.00 to $105.00 and set a “neutral” rating for the company in a report on Wednesday, September 4th. Finally, Zacks Investment Research raised Brink’s from a “sell” rating to a “hold” rating in a report on Thursday, October 10th.

Brink’s Company Profile

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.

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Earnings History for Brink`s (NYSE:BCO)

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