Brink’s (NYSE:BCO) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Brink’s (NYSE:BCO) issued its quarterly earnings data on Wednesday. The business services provider reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.09, FiscalAI reports. Brink’s had a net margin of 3.35% and a return on equity of 87.38%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.79 EPS. Brink’s updated its Q3 2026 guidance to 2.230-2.630 EPS.

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

• Second-quarter results exceeded expectations, with revenue up 7% (4% constant currency), adjusted EBITDA up 11% to $257 million, EBITDA margin expanding 70 basis points to a record 18.5%, and EPS increasing 18% to $2.13.
• AMS/DRS organic revenue grew 14% for the 14th consecutive quarter, supported by major wins including a 5,000-location U.S. retail agreement, Mandiri Bank in Indonesia, and a European bank consortium; management expects second-half growth toward the high end of its mid-to-high-teens framework.
• Brink’s raised its full-year profit expectations while maintaining its mid-single-digit organic growth and 30–50 basis-point margin expansion framework. Third-quarter guidance calls for $263 million–$283 million of adjusted EBITDA and approximately 60 basis points of margin expansion at the midpoint.
• The NCR Atleos acquisition is progressing, with more than 99% shareholder approval, U.S. antitrust clearance, and most required money-transmitter and foreign-investment approvals; closing is now expected in early first quarter 2027, with potential long-term routing, density, cost, and service synergies.
• The acquisition is expected to temporarily push leverage above three times net debt to adjusted EBITDA, making debt reduction the primary use of capital during 2026 and delaying the return of at least 50% of free cash flow to shareholders until leverage returns to the targeted range.

Brink’s Trading Down 0.8%

BCO stock traded down $0.96 during mid-day trading on Wednesday, reaching $117.02. 587,430 shares of the stock traded hands, compared to its average volume of 471,850. Brink’s has a 52-week low of $91.05 and a 52-week high of $136.37. The stock’s fifty day moving average is $106.42 and its 200-day moving average is $111.66. The company has a market cap of $4.82 billion, a P/E ratio of 27.26 and a beta of 1.04. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 9.75.

Brink’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 27th will be paid a dividend of $0.255 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $1.02 dividend on an annualized basis and a yield of 0.9%. Brink’s’s dividend payout ratio is currently 23.83%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wall Street Zen cut shares of Brink’s from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings cut shares of Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $154.00.

Institutional Investors Weigh In On Brink’s

Large investors have recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its stake in Brink’s by 150.5% in the 4th 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 during the period. Advisory Services Network LLC purchased a new stake in shares of Brink’s in the third quarter valued at $33,000. Global Retirement Partners LLC purchased a new stake in shares of Brink’s in the fourth quarter valued at $39,000. Wexford Capital LP acquired a new stake in shares of Brink’s in the third quarter worth $42,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Brink’s by 161.5% during the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $47,000 after buying an additional 323 shares in the last quarter. Institutional investors and hedge funds own 94.96% of the company’s stock.

Key Headlines Impacting Brink’s

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

• Positive Sentiment: Non-GAAP earnings per share rose 18% year over year to $2.13, exceeding analysts’ estimates of approximately $2.04-$2.05 and last year’s $1.79. Revenue increased 7%, while adjusted EBITDA grew 11%. Brink’s Delivers Strong Second-Quarter Results
• Positive Sentiment: Management said the quarter marked the 14th consecutive period of mid-teens-or-better organic growth across its ATM Managed Services and Digital Retail Solutions businesses, supporting the company’s growth strategy. Brink’s Delivers Strong Second-Quarter Results
• Positive Sentiment: The timeline for Brink’s planned NCR Atleos acquisition is accelerating as regulatory momentum improves, potentially strengthening the company’s ATM services platform if completed. Brink’s Delivers Strong Second-Quarter Results
• Neutral Sentiment: Third-quarter EPS guidance of $2.23-$2.63 has a midpoint of $2.43, roughly matching the $2.42 analyst consensus. Revenue guidance of about $1.4 billion also aligns with expectations, limiting the immediate estimate-driven catalyst. Brink’s Q2 Earnings and Revenues Surpass Estimates
• Negative Sentiment: GAAP net income increased only 2%, and the company continues to carry substantial leverage, with a reported debt-to-equity ratio of 9.75. That may temper enthusiasm despite strong adjusted earnings growth.

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.