earnings
confidence high
sentiment positive
materiality 0.85
Brink's Q1 GAAP net income up 229% to $49M; record revenue $1.236B; reaffirms FY guidance
BRINKS CO
2024-Q1 EPS reported
$1.09
revenue$1,236,100,000
- GAAP EPS $1.09, up 263% YoY; non-GAAP EPS $1.52, up 20% YoY.
- Record Q1 revenue $1,236M (+4% total, +12% organic); adjusted EBITDA $218M (+15%).
- TTM GAAP net cash from ops $800M (+56%); non-GAAP free cash flow $363M (+61%).
- All segments posted organic revenue growth; AMS and DRS combined organic growth 18% YoY.
- FY 2024 guidance reaffirmed: revenue $5,075-5,225M, adj. EBITDA $935-985M, EPS $7.30-8.00.