8-K
filed February 22, 2023, 6:59 PM ET
ticker BCO
CIK 0000078890
earnings
confidence high
sentiment positive
materiality 0.90
Brink's Reports Strong Q4 and Full-Year 2022 Results with Revenue Up 8% and Non-GAAP EPS Up 25%
BRINKS CO
2022-FY EPS reported
$3.57
revenue$4,535,500,000
- Full-year 2022 revenue grew 8% to $4,536M, with organic growth of 12% (highest in over a decade).
- Q4 2022 non-GAAP EPS rose 25% to $2.10 from $1.68; GAAP EPS up 4% to $1.01.
- Full-year non-GAAP operating profit increased 17% to $550M; operating margin expanded 90 bps to 12.1%.
- Management issued 2023 guidance: revenue $4,800M-$4,950M, non-GAAP EPS $6.30-$7.00, adjusted EBITDA $855M-$905M.
- Digital retail solutions organic revenue grew 25% and ATM managed services organic revenue grew 50% in 2022.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BRINKS CO reported full year 2023 results: revenue 4,800 – 4,950, EPS 6.30 – 7.00. Guidance initiated.
- Period
- full year 2023
- Revenue
- 4,800 – 4,950
- EPS
- 6.30 – 7.00
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
2023 Non-GAAP Outlook (a) Revenues 4,800 – 4,950 Operating profit 615 – 665 EPS from continuing operations attributable to Brink's 6.30 – 7.00 Operating profit margin 12.8 – 13.4% Free cash flow before dividends 325 – 375 Adjusted EBITDA 855 – 905 Adjusted EBITDA margin 17.8 – 18.3%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BRINKS CO reported full year ended December 31, 2022 results: revenue $4,536, net income $171, EPS $3.63.
- Period
- full year ended December 31, 2022
- Revenue
- $4,536
- Net income
- $171
- EPS
- $3.63
- Result
- reported results
Exact text from the filing
Full Year 2022 (vs. 2021) GAAP Change Non-GAAP Change Constant Currency Change (b) Organic Change Revenue $ 4,536 8% $ 4,536 8% 14% 12% Operating Profit $ 361 2% $ 550 17% 26% 23% Operating Margin 8.0 % (40 bps) 12.1 % 90 bps 120 bps Net Income / Adjusted EBITDA (a) $ 171 62% $ 788 15% 23% EPS $ 3.63 76% $ 5.99 26% 40%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
BRINKS CO reported fourth quarter ended December 31, 2022 results: revenue $1,191, net income $45, EPS $1.01.
- Period
- fourth quarter ended December 31, 2022
- Revenue
- $1,191
- Net income
- $45
- EPS
- $1.01
- Result
- reported results
Exact text from the filing
Fourth-Quarter 2022 (vs. 2021) GAAP Change Non-GAAP Change Constant Currency Change (b) Organic Change Revenue $ 1,191 8% $ 1,191 8% 16% 12% Operating Profit $ 143 (2%) $ 187 22% 34% 30% Operating Margin 12.0 % (120 bps) 15.7 % 170 bps 220 bps Net Income / Adjusted EBITDA (a) $ 45 (9)% $ 247 18% 28% EPS $ 1.01 4% $ 2.10 25% 42%
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.