Brink's (BCO) Tops Q3 EPS by 3c

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Go back to Brink's (BCO) Tops Q3 EPS by 3c

Brink's Reports Third-Quarter Results

October 26, 2022 7:30 AM EDT

Adjusted EBITDA and EPS Guidance Affirmed, Outlook Updated to Reflect FX TranslationGlobal Restructuring Expected to Yield $40 Million in Profit Growth in 2023Balanced Capital Allocation Strategy Includes NoteMachine Acquisition and Continued Share Repurchases

3Q Highlights:

Revenue up 6%, reflecting 13% organic growthOperating profit: GAAP down (20)% to $60M; non-GAAP up 9% to $127MOperating margin: GAAP 5.2%; non-GAAP 11.2%GAAP net income up 1% to $19M; adjusted EBITDA up... More