Brink's BCO reported its Q4 earnings results on Wednesday, February 23, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Brink's beat estimated earnings by 15.86%, reporting an EPS of $1.68 versus an estimate of $1.45.
Revenue was up $76.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.31 which was followed by a 4.18% increase in the share price the next day.
Here's a look at Brink's's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.83 | 0.98 | 0.76 | 1.01 |
EPS Actual | 1.14 | 1.18 | 0.82 | 1.64 |
Revenue Estimate | 1.05B | 1.08B | 985.22M | 1.00B |
Revenue Actual | 1.08B | 1.05B | 977.70M | 1.02B |
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 their next quarter, expecting earnings between $5.5 and $6.0 per share for the next quarter.
This represents a 242.26% in quarter-over-quarter growth for Brink's, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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