Brink's earnings up

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04/30/2008
Shares of Brink's Company stock were trading high today—the highest since 2003 when it changed its name from Pittston Co to Brink's, according to a Rueters report—after the company posted higher-than-expected first-quarter earnings. Here's the official press release. First quarter income was up $48 million, or $1.02 per share, up from $31.1 or 66 cents per share for the same quarter last year. Revenue was up 24 percent from $920.6 million from $740.5 million last year. Operating profit was up 51 percent to $97.3 million. Brink's said the increase was driven by "Latin American Operations and Brink's Home Security Unit."