Brink's Maintains FY24 Outlook; Q1 Results Top Estimates

RTTNews | 360 hari yang lalu
Brink's Maintains FY24 Outlook; Q1 Results Top Estimates

(RTTNews) - While reporting financial results for the first quarter on Wednesday, The Brink's Co. (BCO) maintained its earnings and revenue guidance for the full-year 2024.

For fiscal 2024, the company continues to project earnings from continuing operations attributable to Brink's in the range of $7.30 to $8.00 per share on revenues between $5.075 billion and $5.225 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $7.62 per share on revenues of $5.15 billion for the year. Analysts' estimates typically exclude special items.

For the first quarter, net income from continuing operations soared to $49 million or $1.09 per share from $14 million or $0.30 per share in the prior-year quarter. Excluding items, adjusted net income from continuing operations was $1.52 per share, compared to $1.27 per share last year.

Revenue for the quarter grew 4 percent to $1.24 billion from $1.19 billion in the same quarter last year. Organic revenues increased 12 percent.

The Street was looking for earnings of $1.22 per share on revenues of $1.21 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Brink's Maintains Mid-point Of FY22 Outlook; Q3 Adj. EPS Tops Estimates

Brink's Maintains Mid-point Of FY22 Outlook; Q3 Adj. EPS Tops Estimates

While reporting financial results for the third quarter on Wednesday, The Brink's Co. (BCO) maintained its mid-point of adjusted earnings and revenue guidance for the full-year 2021. For fiscal 2022, the company now projects earnings from continuing operations of about $3.83 per share and adjusted earnings from continuing operations of about $5.75 per share on revenues of about $4.52 billion.
RTTNews | 920 hari yang lalu
U.S. Dollar Recovers After Jobs Data

U.S. Dollar Recovers After Jobs Data

The U.S. dollar rebounded against its major counterparts in the New York session on Friday, after the release of better-than-expected non farm payrolls report for April.
RTTNews | 23j 49min yang lalu
Swiss Market Ends On Bright Note

Swiss Market Ends On Bright Note

The Switzerland market closed on a strong note on Friday, mirroring the trend in markets across Europe and elsewhere, as worries about trade tensions eased after China stated its willingness to hold talks with the U.S.
RTTNews | 1 hari yang lalu
European Stocks Close On Buoyant Note

European Stocks Close On Buoyant Note

European stocks closed higher on Friday, with the major markets in the region posting strong gains, amid easing concerns about U.S-China trade relations, and on upbeat U.S. non-farm payroll data.
RTTNews | 1 hari yang lalu
Canadian Market Up Firmly In Positive Territory

Canadian Market Up Firmly In Positive Territory

The Canadian market is up firmly in positive territory a little past noon on Friday, amid easing concerns about U.S.-China trade tensions following China expressing willingness to hold tariff talks with the United States. Data showing a much higher than expected increase in U.S. non-farm payroll growth in the month of April is also aiding sentiment.
RTTNews | 1 hari yang lalu
U.S. Factory Orders Spike Slightly Less Than Expected In March

U.S. Factory Orders Spike Slightly Less Than Expected In March

The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March. The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.
RTTNews | 1 hari yang lalu