Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Brink's Stock Is Up Today

TheMotleyFool

0 0

Why Brink's Stock Is Up Today: https://g.foolcdn.com/editorial/images/721893/woman-banker-making-financial-calculations-getty.jpg

Brink's (NYSE: BCO) delivered for investors in the fourth quarter, and provided an upbeat outlook for 2023 and beyond. Investors are backing up the armored truck as a result, sending shares of Brink's up as much as 12% on Wednesday.

Brink's provides cash and valuables management, ATM services, and digital security including its famous armored cash delivery trucks. The company posted a solid beat on both earnings and revenue in the fourth quarter thanks to its ability to pass on higher costs to its customers.

Brink's reported fourth-quarter adjusted earnings of $2.10 per share on revenue of $1.19 billion, topping expectations for $1.68 per share in earnings on sales of $1.09 billion.

Source Fool.com

Like: 0

BCO

Share