Anzeige
Mehr »
Login
Donnerstag, 28.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESSWIRE
91 Leser
Artikel bewerten:
(0)

Pro-Trader Daily: Earnings Review and Free Research Report: Brink's Co.'s Revenue Grew 12%; Adjusted EPS Surged 22%

Research Desk Line-up: Mistras Post Earnings Coverage

LONDON, UK / ACCESSWIRE / November 20, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on The Brink's Co. (NYSE: BCO), which can be viewed by registering at http://protraderdaily.com/optin/'symbol=BCO, following the Company's announcement of its financial results on October 25, 2017, for the third quarter fiscal 2017. The security services Company's adjusted EPS surpassed analysts' expectations. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:

http://protraderdaily.com/register/

Get more of our free earnings reports coverage from other constituents of the Security & Protection Services industry. Pro-TD has currently selected Mistras Group, Inc. (NYSE: MG) for due-diligence and potential coverage as the Company reported on November 06, 2017, its financial results for Q3 2017 which ended on September 30, 2017. Register for a free membership today, and be among the early birds that get access to our report on Mistras when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on BCO; also brushing on MG. With the links below you can directly download the report of your stock of interest free of charge at:

http://protraderdaily.com/optin/'symbol=BCO

http://protraderdaily.com/optin/'symbol=MG

Earnings Reviewed

For three months ended September 30, 2017, Brink's revenues increased 12% or 16% on an organic basis to $849.5 million from $755.8 million in Q3 FY16.

During Q3 FY17, Brink's adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) increased 19.9% to $112.2 million from $93.6 million in the same period last year. For the reported quarter, the Company's adjusted EBITDA margin increased 80 basis points to 13.2% of revenue from 12.4% of revenue in Q3 FY16.

During Q3 FY17, Brink's operating income increased 11% to $66.4 million from $59.7 million in the same period last year. For the reported quarter, the Company's adjusted operating income increased 21% to $76.4 million from $63.0 million in the third quarter of 2016. During Q3 FY17, the Company's adjusted operating margin increased 60 basis points to 9.2% of revenue from 8.6% of revenue in the same period last year.

For the reported quarter, Brink's net income decreased 19% to $19.9 million from $24.5 million in Q3 FY16. During Q3 FY17, the Company's diluted EPS decreased 21% to $0.38 from $0.48 in the same period last year. For the reported quarter, Brink's adjusted net income increased 25% to $42.9 million on a y-o-y basis from $34.3 million in Q3 FY16. During Q3 FY17, the Company's adjusted diluted EPS increased 22% to $0.83 on a y-o-y basis from $0.68 in the same period last year. Adjusted diluted EPS surpassed analysts' expectations of $0.75.

Brink's Segment Details

North America - During Q3 FY17, North America segment's revenue increased 6.6% to $316.5 million from $297.0 million in the same period last year. For the reported quarter, the segment's operating margin increased 230 basis points to 5.3% of revenue from 3.0% of revenue in Q3 FY16.

South America - During Q3 FY17, the South America segment's revenue increased 32.5% to $247.4 million from $186.7 million in the same period last year. For the reported quarter, the segment's operating margin increased 60 basis points to 19.3% of revenue from 18.7% of revenue in Q3 FY16. The increase was due to strong organic growth in Argentina, and improved performance in Brazil and Colombia.

Rest of World - During Q3 FY17, the Rest of World segment's revenue increased 5.4% to $264.8 million from $251.2 million in the same period last year. For the reported quarter, the segment's operating margin decreased 50 basis points to 12.6% of revenue from 13.1% of revenue in Q3 FY16.

Balance Sheet

As on September 30, 2017, Brink's cash and cash equivalents increased 31.8% to $241.8 million from $183.5 million on December 31, 2016. For the reported quarter, the Company's debt increased 69.2% to $750 million from $443.2 million in Q4 FY16.

For the reported quarter, the Company's net accounts receivable increased 20.8% to $605.2 million from $501.1 million in the fourth quarter of 2016. For the reported quarter, the Company's accounts payable increased 12.3% to $156.5 million from $139.3 million in Q4 FY16.

During FY17, the Company's YTD cash provided by operating activities increased 103.9% to $116.2 million from $57.0 million in the same period last year.

On October 17, 2017, the Company's Board of Directors declared a dividend of $0.15 per common share, payable on December 01, 2017, to shareholders of record on November 13, 2017.

During FY17, the Company's YTD commitment on acquisition was $370 million on six acquisitions, including the pending acquisition of Temis in France.

Outlook

For FY17, Brink's expects revenue to be $3.30 billion and diluted EPS to be in the range of $2.05 to $2.15. The Company estimates adjusted diluted EPS to be in the range of $3.00 to $3.10 for fiscal 2017.

Stock Performance

On Friday, November 17, 2017, the stock closed the trading session at $78.75, climbing 1.09% from its previous closing price of $77.90. A total volume of 406.62 thousand shares have exchanged hands. Brink's stock price soared 4.79% in the last three months, 28.99% in the past six months, and 83.78% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have skyrocketed 90.91%. The stock is trading at a PE ratio of 48.67 and has a dividend yield of 0.76%. At Friday's closing price, the stock's net capitalization stands at $3.93 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter-holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2017 ACCESSWIRE
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.