Brink's Q2 2024 Adj. EPS $1.67 Beats $1.47 Estimate, Sales $1.253B Miss $1.259B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brink's (NYSE:BCO) reported Q2 2024 adjusted EPS of $1.67, beating the analyst estimate of $1.47 by 13.61%. However, sales of $1.253 billion missed the estimate of $1.259 billion by 0.52%, though it represents a 3.04% increase from the same period last year.
August 07, 2024 | 11:02 am
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Brink's reported Q2 2024 adjusted EPS of $1.67, beating estimates by 13.61%, but sales of $1.253 billion missed estimates by 0.52%. Sales increased by 3.04% YoY.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss in sales. The YoY sales growth also adds a positive sentiment.
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