Brink’s Q3 earnings top estimates

Brink’s Co. BCO, -0.38% said Tuesday it had net income of $46 million, or 97 cents a share, in the third quarter, up from $3 million, or 41 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.92, ahead of the $1.79 FactSet consensus. Revenue rose 8% to $1.227 billion, just ahead of the $1.226 billion FactSet consensus.

The cash management company is now expecting full-year EPS of $6.45 to $7.15, while FactSet is expecting $6.73. It expects revenue to range from $4.800 billion to $4.950 billion, while FactSet is expecting $4.884 billion. The stock was not yet active premarket but has gained 31.5% in the year to date, while the S&P 500 SPX, +0.18% has gained 13.7%.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AIG launches secondary offering of 50 million shares of former life and retirement business Corebridge FinancialCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »

Organigram’s stock soars premarket as it receives C$124.6 million investment from BATCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »