Brink’s (NYSE:BCO) Posts Earnings Results, Beats Estimates By $0.21 EPS

Brink’s (NYSE:BCO) released its quarterly earnings data on Wednesday. The business services provider reported $1.80 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the firm earned $1.62 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. 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 Price Performance

Shares of Brink’s stock traded down $1.35 during mid-day trading on Thursday, reaching $107.66. 857,849 shares of the stock were exchanged, compared to its average volume of 411,302. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 25.15 and a beta of 1.08. The company has a current ratio of 1.53, a quick ratio of 1.51 and a debt-to-equity ratio of 9.75. The firm has a 50-day simple moving average of $109.21 and a 200 day simple moving average of $115.89. Brink’s has a fifty-two week low of $80.10 and a fifty-two week high of $136.37.

Brink’s Announces Dividend

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

Brink’s News Roundup

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

Analyst Upgrades and Downgrades

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

Institutional Trading of Brink’s

Several large investors have recently added to or reduced their stakes in BCO. VARCOV Co. acquired a new position in shares of Brink’s in the 4th quarter worth approximately $385,000. Fiduciary Trust Co lifted its position in shares of Brink’s by 7.1% during the third quarter. Fiduciary Trust Co now owns 3,060 shares of the business services provider’s stock worth $358,000 after purchasing an additional 204 shares in the last quarter. Cibc World Markets Corp bought a new stake in shares of Brink’s during the fourth quarter valued at approximately $325,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Brink’s in the fourth quarter valued at approximately $292,000. Finally, MML Investors Services LLC acquired a new stake in shares of Brink’s in the fourth quarter valued at approximately $233,000. 94.96% of the stock is owned by institutional investors.

About Brink’s

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.