Equities research analysts expect Brink’s (NYSE:BCO) to announce $926.50 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Brink’s’ earnings. The lowest sales estimate is $921.50 million and the highest is $931.50 million. Brink’s reported sales of $864.30 million in the same quarter last year, which would suggest a positive year over year growth rate of 7.2%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, February 6th.

According to Zacks, analysts expect that Brink’s will report full year sales of $3.45 billion for the current fiscal year, with estimates ranging from $3.44 billion to $3.46 billion. For the next financial year, analysts anticipate that the business will post sales of $3.77 billion, with estimates ranging from $3.75 billion to $3.80 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Brink’s.

Brink’s (NYSE:BCO) last released its quarterly earnings results on Wednesday, October 24th. The business services provider reported $0.91 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.11. The business had revenue of $852.00 million for the quarter, compared to analyst estimates of $843.96 million. Brink’s had a positive return on equity of 56.86% and a negative net margin of 3.46%. Brink’s’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the company earned $0.83 EPS.

A number of equities research analysts recently commented on BCO shares. Zacks Investment Research lowered Brink’s from a “hold” rating to a “sell” rating in a research report on Friday, September 14th. SunTrust Banks decreased their price target on Brink’s to $90.00 and set a “buy” rating on the stock in a research report on Monday, October 15th. Finally, ValuEngine upgraded Brink’s from a “sell” rating to a “hold” rating in a research report on Saturday, October 27th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $94.40.

A number of large investors have recently bought and sold shares of BCO. FMR LLC lifted its holdings in Brink’s by 13.5% during the 2nd quarter. FMR LLC now owns 779,872 shares of the business services provider’s stock worth $62,195,000 after buying an additional 92,577 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Brink’s by 4.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,838 shares of the business services provider’s stock worth $1,342,000 after buying an additional 716 shares in the last quarter. BB&T Securities LLC lifted its holdings in Brink’s by 12.1% during the 2nd quarter. BB&T Securities LLC now owns 21,040 shares of the business services provider’s stock worth $1,677,000 after buying an additional 2,263 shares in the last quarter. Raymond James & Associates lifted its holdings in Brink’s by 6.2% during the 2nd quarter. Raymond James & Associates now owns 159,285 shares of the business services provider’s stock worth $12,703,000 after buying an additional 9,262 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Brink’s by 54.4% during the 2nd quarter. Bank of America Corp DE now owns 354,276 shares of the business services provider’s stock worth $28,253,000 after buying an additional 124,829 shares in the last quarter. 98.31% of the stock is currently owned by hedge funds and other institutional investors.

NYSE BCO opened at $69.68 on Friday. The company has a market cap of $3.49 billion, a P/E ratio of 23.00, a price-to-earnings-growth ratio of 1.04 and a beta of 1.51. Brink’s has a one year low of $59.08 and a one year high of $88.10. The company has a debt-to-equity ratio of 5.89, a quick ratio of 1.53 and a current ratio of 1.53.

Brink’s Company Profile

The Brink's Company provides secure transportation, cash management, and other security-related services worldwide. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services.

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Earnings History and Estimates for Brink`s (NYSE:BCO)

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