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The Brink's Co (BCO) released a profit for its second quarter that advanced from last year.


RTTNews | Jul 29, 2020 06:22AM EDT

06:21 Wednesday, July 29, 2020 (RTTNews.com) - The Brink's Co (BCO) released a profit for its second quarter that advanced from last year.

The company's earnings totaled $14 million, or $0.27 per share. This compares with $13 million, or $0.25 per share, in last year's second quarter.

Excluding items, The Brink's Co reported adjusted earnings of $34 million or $0.67 per share for the period.

Analysts had expected the company to earn -$0.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.7% to $826.0 million from $914.3 million last year.

The Brink's Co earnings at a glance:

-Earnings (Q2): $34 Mln. vs. $44 Mln. last year.-EPS (Q2): $0.67 vs. $0.86 last year.-Analysts Estimate: -$0.12-Revenue (Q2): $826.0 Mln vs. $914.3 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3115432/the-brink-s-co-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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