The Brink's Company (BCO) continues its strong performance despite a weak global economy. Brink's 4Q results came in at $0.79, up from $0.60 in the same quarter last year. That was Brink's best quarter of 2013.
Thanks to a solid 4Q, full year 2013 EPS ended up coming in at $2.37, up from $2.32 in 2012. As a result, over the last ten years, Brink's has grown EPS at an annualized 14%. This trend should continue as the company sees margin improvement from reshaping its U.S. operations, and leans on growth in money movement across emerging markets.
International carries the load for the time being
International operations drove the fourth quarter results, and ended up accounting for...
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