earnings
confidence high
sentiment positive
materiality 0.80
Brink's Q2: record revenue $1.25B, organic +14%; GAAP EPS $1.03 +51%; adj EBITDA $226M +16%
BRINKS CO
2024-Q2 EPS reported
$2.11
revenue$2,489,200,000
- GAAP net income $46M, up 44%; GAAP EPS $1.03 (+51%); non-GAAP EPS $1.67 (+31%).
- Revenue $1,253M (+3% GAAP, +14% organic); AMS/DRS organic growth accelerated to 26%.
- North America segment margin expanded 360 bps; overall margin +200 bps to 12.4%.
- Year-to-date share repurchases of 722k shares at ~$91.02; returned $86M to shareholders.
- FY2024 guidance: revenue $5.075-5.225B, adj EBITDA $935-985M, EPS $7.30-8.00.