Overview
US cash management firm's Q1 revenue rose 10%, beating analyst expectations
Adjusted EPS for Q1 beat consensus, driven by AMS/DRS segment growth and margin expansion
Company says NCR Atleos acquisition remains on track to close by end of Q1 2027
Outlook
Brinks sees Q2 2026 revenue between $1,370 mln and $1,430 mln
Company expects full-year 2026 organic revenue growth in mid-single digits
Brinks expects NCR Atleos acquisition to close by end of Q1 2027
Result Drivers
AMS/DRS GROWTH - Company said strong organic growth in AMS and DRS businesses drove top-line performance
MARGIN EXPANSION - Brinks attributed margin gains to favorable revenue mix, pricing discipline and cost productivity
CASH GENERATION - Co reported free cash flow exceeded $500 mln over trailing twelve months, citing sustainable improvements
Company press release: ID:nGNX4RCxmS
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.38 bln
$1.35 bln (3 Analysts)
Q1 Adjusted EPS
Beat
$1.80
$1.56 (3 Analysts)
Q1 EPS
$0.77
Q1 Net Income
$34.80 mln
Q1 Adjusted Operating Income
$168 mln
Q1 Adjusted Operating Margin
12.20%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Brinks Co is $154.00, about 47.7% above its May 5 closing price of $104.30
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)