Brink’s (NYSE:BCO) Announces Quarterly Earnings Results

Brink’s (NYSE:BCO) posted its quarterly earnings results on Wednesday. The business services provider reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.21, FiscalAI reports. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the business posted $1.62 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Brink’s updated its Q2 2026 guidance to 1.850-2.250 EPS.

Here are the key takeaways from Brink’s’ conference call:

• Q1 revenue rose ~10% (4.5% organic) and adjusted EBITDA was $238 million; trailing?12?month EBITDA reached $1 billion for the first time and TTM free cash flow exceeded $502 million with ~50% conversion.
• AMS and DRS momentum remained strong with ~15% organic growth (the 13th consecutive quarter ?15%), marquee wins like Pandora and Paradies, and management expects these services to approach a third of company revenue by year?end.
• Brink’s is advancing the NCR Atleos acquisition (registration filed) and completed secured refinancing that lowers Atleos’ debt cost by >100 basis points; management expects ~$200M of cost synergies and a combined $1 billion of free cash flow.
• The transaction is still subject to regulatory and shareholder approvals and would temporarily increase leverage (management estimates ~3.4x pro?forma if closed in Q1 2027), posing near?term balance?sheet and execution risks.
• 2026 framework was reiterated — mid?single?digit organic growth, 30–50 bps EBITDA margin expansion, a ~2–3% FX tailwind, and Q2 guidance of EBITDA $245–265M and EPS $1.85–2.25.

Brink’s Trading Down 1.2%

BCO stock traded down $1.35 during midday trading on Thursday, reaching $107.66. The stock had a trading volume of 857,849 shares, compared to its average volume of 411,302. Brink’s has a twelve month low of $80.10 and a twelve month high of $136.37. The business has a fifty day simple moving average of $109.21 and a two-hundred day simple moving average of $115.89. The company has a quick ratio of 1.51, a current ratio of 1.53 and a debt-to-equity ratio of 9.75. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 25.15 and a beta of 1.08.

Brink’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be issued a $0.255 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.02 annualized dividend and a yield of 0.9%. Brink’s’s dividend payout ratio (DPR) is currently 21.75%.

Wall Street Analyst Weigh In

A number of research analysts have commented on BCO shares. Wall Street Zen upgraded shares of Brink’s from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. The Goldman Sachs Group raised their target price on Brink’s from $129.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Truist Financial boosted their price target on Brink’s from $138.00 to $163.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $154.00.

Institutional Investors Weigh In On Brink’s

A number of institutional investors have recently made changes to their positions in BCO. Inspire Investing LLC increased its stake in shares of Brink’s by 3.5% in the 4th quarter. Inspire Investing LLC now owns 4,021 shares of the business services provider’s stock valued at $469,000 after acquiring an additional 135 shares during the last quarter. UMB Bank n.a. boosted its stake in Brink’s by 34.7% during the 4th quarter. UMB Bank n.a. now owns 532 shares of the business services provider’s stock worth $62,000 after acquiring an additional 137 shares during the last quarter. Camelot Portfolios LLC increased its stake in Brink’s by 3.2% in the third quarter. Camelot Portfolios LLC now owns 4,480 shares of the business services provider’s stock valued at $523,000 after purchasing an additional 138 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Brink’s by 150.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider’s stock worth $29,000 after purchasing an additional 146 shares in the last quarter. Finally, Fiduciary Trust Co grew its holdings in shares of Brink’s by 7.1% in the 3rd quarter. Fiduciary Trust Co now owns 3,060 shares of the business services provider’s stock valued at $358,000 after buying an additional 204 shares during the period. 94.96% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Brink’s

Here are the key news stories impacting Brink’s this week:

• Positive Sentiment: Q1 results beat expectations — EPS of $1.80 and revenue of $1.38B topped estimates, with revenue up ~10% year-over-year and organic growth led by AMS/DRS. Strong top?line execution supports the company’s growth thesis. Brink’s Delivers Strong First-Quarter Results
• Positive Sentiment: Cash generation improved materially — operating cash flow rose ~$89M and free cash flow increased ~$66M, which strengthens the balance-sheet flexibility to fund acquisitions or buybacks. Q1 Results & Cash Flow
• Neutral Sentiment: NCR Atleos acquisition remains on track to close by end of Q1 FY2027 — strategically aligns with AMS/DRS expansion but is a future catalyst that hasn’t yet added reported contribution. Acquisition Update
• Negative Sentiment: Q2 guidance was updated to an EPS range of $1.85–$2.25, which sits below consensus (~$2.01 midpoint) — the conservative guidance likely prompted profit?taking despite the beat. Q1 Earnings Transcript & Guidance
• Negative Sentiment: Shareholders approved an expanded equity incentive plan, a move investors sometimes view as potential dilution or management compensation that can pressure near?term per?share metrics. Equity Incentive Plan Approval

Brink’s Company Profile

The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.

Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.