Brink's (NYSE:BCO) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.65-3.85 for the period, compared to the Thomson Reuters consensus estimate of $3.76. The company issued revenue guidance of approx $3.45 billion, compared to the consensus revenue estimate of $3.49 billion.

Shares of Brink's (NYSE:BCO) opened at $73.10 on Friday. The company has a market cap of $3,786.25, a price-to-earnings ratio of 25.08, a price-to-earnings-growth ratio of 0.98 and a beta of 1.71. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.21 and a current ratio of 1.89. Brink's has a 1 year low of $47.30 and a 1 year high of $88.10.

Brink's (NYSE:BCO) last released its quarterly earnings results on Wednesday, February 7th. The business services provider reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.01). The firm had revenue of $903.00 million for the quarter, compared to analyst estimates of $851.35 million. Brink's had a return on equity of 36.76% and a net margin of 0.50%. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. sell-side analysts predict that Brink's will post 3.71 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Wednesday, February 7th. Brink's’s dividend payout ratio (DPR) is presently 193.55%.

BCO has been the subject of several research reports. SunTrust Banks reaffirmed a buy rating and set a $98.00 price target on shares of Brink's in a research note on Wednesday, October 18th. Sidoti initiated coverage on Brink's in a research note on Friday, October 20th. They set a buy rating for the company. ValuEngine downgraded Brink's from a buy rating to a hold rating in a research note on Friday, December 1st. Zacks Investment Research downgraded Brink's from a buy rating to a hold rating in a research note on Wednesday, December 27th. Finally, Imperial Capital reaffirmed an outperform rating and set a $100.00 price target (up previously from $86.00) on shares of Brink's in a research note on Thursday, January 18th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Brink's has a consensus rating of Buy and a consensus target price of $97.25.

In other news, Director George I. Stoeckert bought 1,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was purchased at an average price of $80.40 per share, with a total value of $80,400.00. Following the purchase, the director now owns 12,014 shares of the company’s stock, valued at approximately $965,925.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas A. Pertz bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was purchased at an average cost of $72.91 per share, with a total value of $729,100.00. The disclosure for this purchase can be found here. Insiders have bought a total of 13,700 shares of company stock valued at $1,026,985 in the last ninety days. Corporate insiders own 10.40% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.dailypolitical.com/2018/02/09/brinks-bco-releases-fy18-earnings-guidance.html.

Brink's Company Profile

The Brink’s Company (Brink’s) is a provider of logistics and security solutions. The Company operates through nine segments: U.S., France, Mexico, Brazil, Canada, Latin America, EMEA, Asia and Payment Services. The Company’s solutions include cash-in-transit (CIT), automated teller machine (ATM) replenishment and maintenance, cash management services, including vault outsourcing, money processing, and intelligent safe services, international transportation of valuables, and payment services.

Earnings History and Estimates for Brink's (NYSE:BCO)

Receive News & Ratings for Brink's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brink's and related companies with MarketBeat.com's FREE daily email newsletter.