Brink's To Change Accounting Treatment For Malaysia Business; Expects Change To Reduce Reported Rev By ~ $100M, Adjusted EBITDA By ~ $10M To $15M, In Each Case, Over Next 4 Quarters; Does Not Expect Impact On FY2026 Organic Revenue Growth Or Adj EBITDA Margin Expansion
BBenzingaBenzinga Newsdesk
The Brink's Company (the "Company") anticipates a change in the accounting treatment with respect to its Malaysia business (the "Malaysia Business"). Following a change in the Company's
Brink's (NYSE:BCO) is looking for Q3 Adj EPS of $2.23-$2.63 vs $2.37 analyst estimate. sees sales of $1.365 billion-$1.415 billion vs $1.403 billion analyst estimate.
Brink's (NYSE:BCO) reported quarterly earnings of $2.13 per share which beat the analyst consensus estimate of $2.04 by 4.41 percent. This is a 18.99 percent increase over earnings of $1.79 per share from the same