Wall Street analysts expect Brink's (BCO) to post quarterly earnings of $1.86 per share in its upcoming report, which indicates a year-over-year decline of 3.1%. Revenues are expected to be $1.27 billion, up 3.5% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its earnings, it is essential to take in ...

RICHMOND, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, will host a conference call on Wednesday, November 6, at 9:00 a.m. (ET) to review third-quarter 2024 financial results, which will be released earlier that day. The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international). Participants should join at least five minutes prio ...

RICHMOND, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) today announced a long-term ATM managed services agreement with Sainsbury’s. Under the terms of the deal, NoteMachine, a Brink’s Company, will assume ownership and management of Sainsbury’s ATM business, which includes around 1,370 ATMs positioned in retail stores across the United Kingdom. The ATM network will be fully managed by NoteMachine, incorporating the full range of ATM managed services capabilities, including transact ...

Executive Leadership Changes - Joshua Teteak will be appointed as executive vice president of Brink's Business System, effective August 26, 2024 [1] - Teteak will succeed Jamal Powell, who has been appointed executive vice president and vice president of Brink's Global Services for the United States [1] - Teteak will report to Mark Eubanks, president and chief executive officer of Brink's [1] - Teteak joins Brink's from GE Healthcare, where he served as global head of integrated supply chain, and previously held leadership roles at BlueLinx Corporation and Eaton Corporation [1] Strategic Vision and Leadership Impact - Teteak's proven track record in driving growth and organizational performance across large, distributed businesses is expected to benefit Brink's transformation efforts [2] - His extensive experience in lean and continuous improvement will help optimize safety, quality, delivery, and cost productivity while standardizing global processes [2] - Teteak expressed excitement about joining Brink's, citing its proud history and leadership in securing global commerce, and aims to scale operational excellence across the enterprise [2] Company Overview - Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services [3] - The company serves customers including financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [3] - Brink's operates in 52 countries and serves customers in over 100 countries [3]

PM Images Investment summary My previous investment thought for The Brink’s Co. (NYSE:BCO) (published in July) was a buy rating because BCO was the largest player in the industry and its scale advantage should enable continuous market share gains. I remain bullish on BCO, as its latest performance was robust, driven by share gains and organic growth. BCO's new products continue to see accelerating growth, which makes the near-term growth outlook look very favorable. With fundamentals being relatively be ...

Have you looked into how Brink's (BCO) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this armored car company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importan ...

Financial Data and Key Metrics Changes - The company reported total organic growth of 14%, with adjusted EBITDA growing 16% to $226 million and margins expanding by 200 basis points to 18% [6][21][28] - Earnings per share increased by 31% to $1.67, driven by a 25% increase in net income and a 5% reduction in outstanding shares [6][22] - Free cash flow conversion remained strong, with expectations for full-year free cash flow between $415 million and $465 million [9][24][28] Business Line Data and Key Metrics Changes - ATM Managed Services and Digital Retail Solutions (AMS DRS) grew 26% organically, while Cash and Valuables Management (CVM) was up 10% organically [6][10] - AMS and DRS now represent 22% of total trailing 12-month revenue, with expectations for continued double-digit organic growth [17][28] - All segments experienced growth, but Global Services faced cyclical market softness impacting overall performance [10][11] Market Data and Key Metrics Changes - North America saw notable margin expansion of 360 basis points year-over-year, marking the eighth consecutive quarter of margin improvement [8][12] - Latin America faced challenges due to currency fluctuations, particularly in Argentina, impacting margins while pricing efforts catch up [10][11][49] - The company experienced an 11% translational foreign exchange headwind, which affected revenue growth expectations [9][20][27] Company Strategy and Development Direction - The company is focused on executing its strategy through growth in customer loyalty, innovation, operational excellence, and talent development [29] - Continued investments in technology and process improvements are aimed at enhancing operational efficiency and customer satisfaction [13][25] - The capital allocation framework emphasizes sustainable profitable growth, shareholder returns, and potential M&A opportunities aligned with AMS and DRS [24][26][60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving low- to mid-teens organic revenue growth and double-digit EBITDA growth for the year [9][28] - The company remains optimistic about the resilience of its business model amid economic volatility, citing a broad distribution of customers [19][28] - Management acknowledged the impact of foreign exchange fluctuations but remains focused on driving productivity and managing costs effectively [49][50] Other Important Information - The company successfully refinanced its 2025 bonds, increasing liquidity and receiving a credit rating upgrade from S&P [9][23] - Shareholder returns increased by 133% over the first half of 2023, with $86 million allocated towards returns [8][26] - The company is targeting a capital structure that allows for continued investments in growth while maintaining financial flexibility [24][26] Q&A Session Summary Question: Can you talk about broader customer traction and receptivity within AMS and DRS? - Management noted strong customer traction across all regions, with a balanced growth contribution from new business, conversions, and competitive wins [31][40] Question: How should investors think about organic growth run rate moving into the back half of the year? - Management indicated that Q2 growth is expected to continue into Q3 and Q4, with a potential step-up in growth rates [43][44] Question: How is the company addressing inflationary issues in Latin America? - Management highlighted that while Argentina is performing as expected, currency fluctuations in Mexico and Brazil have posed challenges, but pricing strategies are in place to mitigate impacts [47][49]

Brink's (BCO) reported $1.25 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 3%. EPS of $1.67 for the same period compares to $1.18 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.25 billion, representing a surprise of -0.02%. The company delivered an EPS surprise of +17.61%, with the consensus EPS estimate being $1.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Second-Quarter 2024 Earnings August 7, 2024 Safe Harbor Statements and Non-GAAP Results These materials contain forward-looking information. Words such as "anticipate," "assume," "estimate," "expect," "target" "project," "model", "predict," "intend," "plan," "believe," "potential," "may," "should" and similar expressions may identify forward-looking information. Forward-looking information in these materials includes, but is not limited to, information regarding: 2024 outlook, including revenue, adjusted EB ...

Brink's (BCO) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.61%. A quarter ago, it was expected that this armored car company would post earnings of $1.23 per share when it actually produced earnings of $1.52, delivering a surprise of 23.58%.Over the last four quarters, the compa ...