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The Brink`s Co Bottom Line Declines 32% In Q1

The Brink`s Co (BCO) revealed earnings for first quarter that lost ground from last year.

The company said its bottom line declined to $15 million, or $0.30 per share. This was down from $22 million, or $0.44 per share, in last year's first quarter.

The company said revenue for the quarter fell 8.9% to $689 million. This was down from $756 million last year.

The Brink`s Co earnings at a glance:

-Earnings (Q1): $15 Mln. vs. $22 Mln. last year.
-Earnings Decline (Y-o-Y): -31.8%
-EPS (Q1): $0.30 vs. $0.44 last year.
-EPS Decline (Y-o-Y): -31.8%
-Revenue (Q1): $689 Mln vs. $756 Mln last year.
-Revenue Change (Y-o-Y): -8.9%

-Guidance:
Full year EPS guidance: $2.00 – $2.20
Full year revenue guidance: $2.90 Bln

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Jobless claims data was the highlight in this relatively light week for U.S. economics. In Europe, focus was on the U.K. economy where the Bank of England announced its latest policy decision and the first quarter GDP data were released. Find out the signals from the central bank and whether or not the UK economy exited a recession. In the Asia-Pacific, Australia's central bank delivered its latest policy verdict and China released trade figures.

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