Brink’s: Q1 Earnings Snapshot

May 10, 2022 GMT

RICHMOND, Va. (AP) _ Brink’s Co. (BCO) on Tuesday reported first-quarter net income of $71 million.

The Richmond, Virginia-based company said it had profit of $1.48 per share. Earnings, adjusted for non-recurring gains, came to $1.15 per share.

The armored car company posted revenue of $1.07 billion in the period.

Brink’s expects full-year earnings in the range of $5.50 to $6 per share, with revenue in the range of $4.52 billion to $4.67 billion.

Brink’s shares have declined 15% since the beginning of the year. The stock has fallen 31% in the last 12 months.


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