$0.71 EPS Expected for Brink’s (BCO) This Quarter

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Wall Street brokerages expect that Brink’s (NYSE:BCO) will post earnings of $0.71 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Brink’s’ earnings. The highest EPS estimate is $0.71 and the lowest is $0.70. Brink’s reported earnings of $0.65 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 9.2%. The company is expected to announce its next earnings results before the market opens on Wednesday, April 24th.

On average, analysts expect that Brink’s will report full year earnings of $4.21 per share for the current fiscal year, with EPS estimates ranging from $4.06 to $4.30. For the next year, analysts expect that the company will post earnings of $5.49 per share, with EPS estimates ranging from $5.00 to $6.08. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that cover Brink’s.

Brink’s (NYSE:BCO) last released its earnings results on Wednesday, February 6th. The business services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. The company had revenue of $907.70 million during the quarter, compared to the consensus estimate of $925.06 million. Brink’s had a positive return on equity of 68.11% and a negative net margin of 0.96%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.95 earnings per share.

Separately, Zacks Investment Research raised Brink’s from a “sell” rating to a “hold” rating in a report on Friday, January 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Brink’s presently has a consensus rating of “Hold” and a consensus target price of $96.67.

Shares of BCO stock traded up $0.09 on Friday, reaching $80.07. 347,284 shares of the stock were exchanged, compared to its average volume of 362,469. The company has a market cap of $3.98 billion, a P/E ratio of 23.14, a PEG ratio of 1.30 and a beta of 1.58. Brink’s has a one year low of $59.08 and a one year high of $85.00. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 8.83.

In other Brink’s news, insider Amit Zukerman sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 8th. The shares were sold at an average price of $75.62, for a total value of $756,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan E. Docherty sold 9,400 shares of the company’s stock in a transaction that occurred on Thursday, February 14th. The shares were sold at an average price of $77.39, for a total transaction of $727,466.00. Following the completion of the sale, the director now directly owns 8,301 shares of the company’s stock, valued at approximately $642,414.39. The disclosure for this sale can be found here. In the last quarter, insiders purchased 18,000 shares of company stock valued at $1,309,720 and sold 23,924 shares valued at $1,829,571. Corporate insiders own 1.05% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of BCO. FMR LLC increased its position in shares of Brink’s by 29.3% during the third quarter. FMR LLC now owns 1,008,498 shares of the business services provider’s stock worth $70,343,000 after acquiring an additional 228,626 shares in the last quarter. Man Group plc bought a new stake in shares of Brink’s during the third quarter worth $307,000. Brown Advisory Inc. increased its position in shares of Brink’s by 9.8% during the fourth quarter. Brown Advisory Inc. now owns 8,520 shares of the business services provider’s stock worth $551,000 after acquiring an additional 762 shares in the last quarter. Texas Permanent School Fund increased its position in shares of Brink’s by 3.3% during the fourth quarter. Texas Permanent School Fund now owns 33,123 shares of the business services provider’s stock worth $2,141,000 after acquiring an additional 1,064 shares in the last quarter. Finally, MetLife Investment Advisors LLC increased its holdings in Brink’s by 18.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 65,125 shares of the business services provider’s stock worth $4,542,000 after purchasing an additional 10,249 shares in the last quarter. 98.36% of the stock is owned by institutional investors and hedge funds.

About Brink’s

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 and Estimates for Brink`s (NYSE:BCO)

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