BCO - Brink's Company shares bounce on earnings beat bullish forecast

The Brink’s Company (NYSE:BCO) is on the move upward after securing a strong first quarter earnings release. The Richmond, Virginia-based company famous for its armored trucks drove non-GAAP EPS of $1.15 for the quarter alongside revenue of $1.07 billion. The reported profits came in well above estimates set at $0.94 per share, while the revenue figure fell just short of estimates set at $1.09 billion.  “Our record first-quarter results include revenue growth of 10%, operating profit growth of 24%, a 21% increase in adjusted EBITDA and EPS growth of 46%,” CEO Mark Eubanks said, outlining the earnings results. “These results clearly demonstrate the resiliency of our business and support our confidence in achieving our 2022 full-year guidance and 2024 financial targets.” For the full year, the company now expects revenue to reach the range of $4.52 billion to $4.67 billion, in line with estimates, while EPS figures will continue to

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Brink's Company shares bounce on earnings beat, bullish forecast