Brink’s stock on track for biggest one-day percentage gain in about three years after earnings beat estimates

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Brink’s Co. stock rallied 12% Wednesday to put it on track for its biggest one-day percentage gain in almost three years, after the cash management company ....

Brink’s Co. stock BCO rallied 12% Wednesday to put it on track for its biggest one-day percentage gain in almost three years, after the cash management company . Richmond, Va.-based Brink’s posted net income of $45 million, or $1.01 a share, for the quarter, down 9% from the year-earlier period. Adjusted per-share earnings came to $2.10, well ahead of the $1.88 FactSet consensus. Revenue rose 8% to $1.191 billion, also ahead of the $1.189 billion FactSet consensus.

Richmond, Va.-based Brink’s posted net income of $45 million, or $1.01 a share, for the quarter, down 9% from the year-earlier period. Adjusted per-share earnings came to $2.10, well ahead of the $1.88 FactSet consensus. Revenue rose 8% to $1.191 billion, also ahead of the $1.189 billion FactSet consensus.

 

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