Market Overview

Recap: Brink's Q2 Earnings

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Shares of Brink's (NYSE:BCO) rose 14% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 20.24% over the past year to $0.67, which may not compare to the estimate of ($0.09).

Revenue of $826,000,000 decreased by 9.66% year over year, which beat the estimate of $726,260,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Brink's hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/bco/mediaframe/34218/indexr.html

Technicals

52-week high: $97.12

Company's 52-week low was at $33.17

Price action over last quarter: down 6.93%

Company Profile

The Brink's Co is a provider of secure logistics and security solutions for cash and other valuables. The company operates two primary business segments: core services and high-value services. The larger segment by revenue, core services, provides secure transportation of cash and new currency between businesses, financial institutions, and central banks, as well as ATM management services. High-value services offer transport of valuables such as diamonds and jewelry, as well as cash-management services. The largest end market is the United States of America.

 

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Posted-In: Earnings News