Why The Brink's Company Stock Took It to the Bank This Week
The Brink's Company (NYSE: BCO) did a good job bringing the money to its shareholders this week. Through mid-afternoon Friday, shares of the cash transport, logistics, and security company have soared more than 16% for the week, according to data from S&P Global Market Intelligence.
This week's gains started after Brink's reported its third-quarter earnings on Wednesday. And investors kept trusting their cash with the security company the following days, too. Brink's reported a strong quarter with 11% revenue growth compared to the prior-year period, and a sharp rebound to profitability. The company reported earnings per share of $0.38 compared to a loss of $0.47 per share in the year-ago quarter.
Source Fool.com
