Brink's Co. Projects FY15 Operating Profit Margin To Grow 3-4%

(RTTNews) - Brink's Co. (BCO) Friday said it expects 2015 U.S. operating profit margin of 3 to 4 percent, while Mexico operating profit margin is projected to be 6 to 8 percent. For the full year 2016, the company expects adjusted earnings per share in a range of $2 to 2.20 per share. Revenue outlook for the period is $3 billion.

Wall Street analysts expect the company to report earnings of $1.44 per share on revenue of $3.02 billion.

For the third-quarter, the company reported net income attributable to Brink's of $7.6 million , down from $20.2 million a year ago. On a per share basis, earnings declined to $0.15 from $0.41 last year. Analysts expected the company to earn $.36 per share on revenue of $754.24 million.

Revenue for the quarter declined 13 percent to $759.2 million from $872.5 million a year ago.