Brink's BCO reported its Q2 earnings results on Wednesday, August 3, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Brink's beat estimated earnings by 7.5%, reporting an EPS of $1.29 versus an estimate of $1.2.
Revenue was up $85.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 2.03% drop in the share price the next day.
Here's a look at Brink's's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.93 | 1.45 | 0.83 | 0.98 |
EPS Actual | 1.15 | 1.68 | 1.14 | 1.18 |
Revenue Estimate | 1.09B | 1.07B | 1.05B | 1.08B |
Revenue Actual | 1.07B | 1.10B | 1.08B | 1.05B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Brink's management provided guidance for FY 2022, expecting earnings between $5.5 and $6.0 per share.
To track all earnings releases for Brink's visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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