Brink's (BCO) reported Q3 adjusted earnings Wednesday of $1.51 per share, down from $2.07 a year earlier.
Three analysts polled by Capital IQ expected $1.79.
Revenue for the quarter ended Sept. 30 was $1.26 billion, up from $1.23 billion a year earlier.
Three analysts surveyed by Capital IQ expected $1.28 billion.
For 2024, the company now expects EPS from continuing operations of $6.50 to $6.80 on revenue of $5 billion to $5.05 billion. This compares with a previous forecast for EPS from continuing operations in the range of $7.30 to $8 on revenue of $5.08 billion to $5.23 billion. Three analysts surveyed by Capital IQ expect normalized EPS of $7.45 on revenue of $5.07 billion.
Price: 105.56, Change: -0.78, Percent Change: -0.73
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.