Brinks Q2 adjusted EPS beats on margin expansion
Brinks Q2 adjusted EPS beats on margin expansion
Overview
Global cash management firm's Q2 revenue grew 7%, meeting analyst expectations
Adjusted EPS for Q2 rose 18% yr/yr, beating analyst expectations
Company accelerating NCR Atleos acquisition timeline after regulatory clearance in key jurisdictions
Outlook
Brinks sees Q3 2026 revenue between $1.365 bln and $1.415 bln
Company expects Q3 2026 non-GAAP EPS of $2.23 to $2.63
Brinks expects 2026 organic revenue growth in mid-single digits and AMS/DRS growth in mid-to-high teens
Result Drivers
AMS/DRS GROWTH - Co said mid-teens or better organic growth in ATM managed services and digital retail solutions continued to drive results
CUSTOMER WINS - Co cited several key customer wins late in Q2 and early Q3 as supporting continued growth momentum
MARGIN EXPANSION - Adjusted EBITDA margins expanded year-over-year in every segment, supported by operational productivity and revenue mix benefits
Company press release: ID:nGNX28TZdN
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Meet | $1.39 bln | $1.39 bln (3 Analysts) |
Q2 Adjusted EPS | Beat | $2.13 | $2.04 (3 Analysts) |
Q2 EPS |
| $1.07 |
|
Q2 Adjusted Operating Income |
| $190 mln |
|
Q2 Adjusted Operating Margin |
| 13.60% |
|
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 The Brink's Company is $152.00, about 28.8% above its August 4 closing price of $117.98
Reuters Recommended Reads
Aug 5 - NCR Atleos Q2 revenue flat, expects Brink's merger to close Q1 2027
Aug 4 - Payments firm FIS shares slide after outlook cut
Aug 4 - Broadridge quarterly profit climbs on investor communications strength
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.)
Recent news on The Brink's
See all newsBrief: Brink's Receives CMA Acceptance in Principle for Remedy Tied to Pending NCR Atleos Acquisition
Brief: CMA Considers Proposals To Address Concerns Over Cash Machine Deal Of Brink's / NCR
UK watchdog flags competition concerns over Brink's $6.6 billion NCR Atleos deal (updated)
UK watchdog flags competition concerns over Brink's $6.6 billion NCR Atleos deal
Brief: CMA Announces Start Of Merger Investigation On Anticipated Brink's Company-NCR Atleos Deal