Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Recs

0

Why Brink's Shares Jumped Today

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of armored transport service provider Brink's (NYSE: BCO  ) jumped 10% today after the company reported first quarter results.

So what: Revenue was up 4%, to $977 million, on 6% organic growth, but earnings per share dropped to $0.04, from $0.43 a year ago. On an adjusted basis, earnings per share were $0.35, $0.05 short of estimates, but investors looked past this because management said it would be able to overcome a robbery earlier this year, and generate a 6%-8% profit margin. 

Now what: The first quarter was hit by a robbery in Belgium, but higher-than-expected growth in 2013 more than offset that loss. Management expects 6% to 8% organic growth, which is well over expectations. I wouldn't buy on the pop today, but if shares pullback in coming weeks, the stock's forward P/E ratio of 13 is reasonable given the steady nature of this business.

Interested in more info on Brink's? Add it to your watchlist by clicking here.


Read/Post Comments (0) | Recommend This Article (0)

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2387904, ~/Articles/ArticleHandler.aspx, 8/25/2016 12:37:30 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 3 hours ago Sponsored by:
DOW 18,481.48 -65.82 -0.35%
S&P 500 2,175.44 -11.46 -0.52%
NASD 5,217.70 -42.38 -0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/24/2016 4:02 PM
BCO $37.46 Up +0.10 +0.27%
Brink's CAPS Rating: ****

Advertisement