Earnings Surprise Are On Cards For The Brinks Company (NASDAQ:BCO)?

The Brinks Company (NASDAQ:BCO) is reporting second quarter financial results on Wednesday 29th July 2020, before market open.

According to analysts surveyed by Thomson Reuters, BCO is expected to report 2Q20 loss of $ 0.12 per share from revenue of $ 724.88 million.

For the full year, analysts anticipate top line of $ 3331.25 million, while looking forward to income of $ 1.36 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 3,775.00 million ~ $ 3,775.00 million, where as bottomline are predicted in a range of $ 4.30 ~ $ 4.50 per share

Click Here For More Historical Outlooks Of The Brinks Company

Previous Quarter Performance

The Brinks Company revealed income for the first quarter of $ 0.36 per share, from the revenue of $ 872.80 million. The quarterly earnings reduced 54.43 percent while revenues dropped 3.56 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.70 per share from $ 913.08 million in revenue. The bottom line results missed street analysts by $ 0.34 or 48.57 percent, at the same time, top line results fell short of analysts by $ 40.28 million or 4.41 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of The Brinks Company

Stock Performance

According to the previous trading day, closing price of BCO was $ 38.29, representing a 15.44 % increase from the 52 week low of $ 33.17 and a 60.57 % decrease over the 52 week high of $ 97.12.

The company has a market capital of $ 1.93 billion and is part of the Industrials sector and Security & Protection Services industry.

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Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.15 per share on May 7, 2020. The dividend were payable on June 1, 2020 to holders of record as of the close of business on May 18, 2020 and ex-dividend date on May 15, 2020.

Conference Call

The Brinks Company will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.brinks.com

The Brinks 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. It also provides transportation services for valued commodities, such as diamonds, jewelry, precious metals, securities, currency, high-tech devices, electronics, and pharmaceuticals; and cash management services comprising money processing, deploying and servicing intelligent safes and safe control devices, and check imaging, as well as cashier balancing, counterfeit detection, account consolidation, and electronic reporting services.

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