Brink's Q4 Adj EPS $2.76 Beats $2.53 Estimate, Sales $1.246B Miss $1.247B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brink's (NYSE:BCO) reported Q4 adjusted earnings per share of $2.76, surpassing the $2.53 estimate, marking a 31.43% increase from last year. However, their sales of $1.246 billion slightly missed the $1.247 billion estimate, though it's a 4.62% increase from the previous year.
February 29, 2024 | 12:03 pm
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Brink's reported a strong Q4 with adjusted EPS of $2.76, beating estimates and showing significant year-over-year growth. However, sales slightly missed estimates.
The positive earnings beat and year-over-year growth in both earnings and sales suggest a strong financial performance, likely leading to a positive short-term impact on BCO's stock price. The slight miss in sales estimates is minor and unlikely to significantly dampen investor sentiment.
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IMPORTANCE 90
RELEVANCE 100