The Brink’s Company will report on its earnings on August 9th
The Brinks Company (NYSE: BCO) is an American private security and protection company. Brink’s provides cash management, route-based secure logistics and payment solutions, including cash transportation, ATM services, cash management services and international value transportation. Brink’s customers include financial institutions, retailers, government agencies, mints, jewelers, and other commercial companies. The company operates in 53 countries and serves customers in more than 100 countries.
In addition, Brink’s is expected to release its quarterly results on August 9th. BCO has exceeded analyst earnings expectations in all four of its most recently released earnings reports and is expected to post higher earnings per share (EPS) of $ 0.98 for the second quarter of 2021.
For the second quarter of 2020, Brink’s beat Wall Street estimates by a margin of $ 0.83 and reported earnings per share of $ 0.71. For the third quarter of 2020, Brink’s earnings per share rose to $ 0.86, beating expectations by a decent margin of $ 0.40. For the final quarter of 2020, BCO posted earnings spike to $ 1.64 per share, well beating estimates of $ 0.63. For the first quarter of 2021, Brink’s reported earnings per share of $ 0.82, beating expectations by $ 0.06.
Brink stock is up about 73% year over year and has increased about 110% since falling to its more than 3-year low of $ 37.08. Additionally, Brink stock is up 12% since the start of the year, but BCO is still trading around 8% since it hit an annual high of $ 84.72. Brink stock also has a forward dividend of $ 0.80 and a dividend yield of 1.04%. On the most recent review, the stock was down 0.03% to $ 78.17.
Brink’s Company stock has an extremely high price-earnings-ratio of 146.11. However, the price-earnings ratio of Brink stock of 15.90 points to a massive improvement and makes BCO appear much more attractive as a value play.