Brinks 73 Cent Adjusted EPS Beats Estimates (BCO)

Richmond, Virginia-based Brinks Company BCO on Thursday morning released financial results that beat Wall Street expectations. Brinks Company reported that its 4th quarter earnings from continuing operations fell to $19 million, or 40 cents per share, down from $124 million, or $2.53 per share, a year earlier. Excluding special items, the company earned 73 cents per share. Brinks Company reported revenue of $881 million, up 4% from $849 million a year earlier. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 49 cents per share, on revenue of $872.27 million. Brinks Company (BCO) ended the previous trading session at $27.67 per share. Analysts covering the company's stock have a consensus price target of $29.33 per share. The Brinks Company is the world's premier provider of secure transportation and cash management services. Read more from Benzinga's Company news.