AP NEWS

Brink’s: 3Q Earnings Snapshot

October 23, 2019 GMT

RICHMOND, Va. (AP) _ Brink’s Co. (BCO) on Wednesday reported third-quarter profit of $5.8 million.

The Richmond, Virginia-based company said it had net income of 11 cents per share. Earnings, adjusted for one-time gains and costs, were $1.05 per share.

The armored car company posted revenue of $928.4 million in the period. Its adjusted revenue was $924.6 million.

Brink’s expects full-year earnings in the range of $3.90 to $4.10 per share, with revenue expected to be $3.7 billion.

Brink’s shares have risen 34% since the beginning of the year. The stock has risen 38% in the last 12 months.

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