When is the earnings report for Brink’s (NYSE:BCO) due? The company is scheduled to report its Q2 results on Wednesday, August 3rd, before the market opens. According to Zacks Investment Research, the consensus EPS Estimate for the company is $1.19, up 0.8% year-over-year. The company has beaten analyst estimates 100% of the time over the last two years. The consensus revenue estimate was also revised downward twice during the past 3 months.
After the earnings call, traders will be looking for a direction of movement. Positive announcements facilitate a percentage increase before the end of trading session. Conversely, negative announcements can cause a percentage decrease. If a company is expected to release positive earnings, then BCO might lose value. Traders can protect their portfolios by looking for performance predictions. However, they may need to wait for the actual results to find out how the stock will react to the announcement.