财务业绩 - 第二季度收入达12.53亿美元，同比增长3%，其中包括AMS/DRS业务有机增长26%[5] - 第二季度GAAP净利润增长44%至4600万美元，调整后EBITDA增长16%至2.26亿美元[8] - 第二季度GAAP每股收益增长51%至1.03美元，非GAAP每股收益增长31%至1.67美元[8] - 公司2Q'24总收入为12.53亿美元，同比增长3%，其中有机增长14%[27] - 北美地区收入为4.12亿美元，同比增长4%，有机增长3%[25] - 拉丁美洲地区收入为3.32亿美元，同比下降1%，有机增长38%[25] - 欧洲地区收入为3.10亿美元，同比增长8%，有机增长9%[25] - 非GAAP经营利润为1.56亿美元，同比增长18%，有机增长51%[28] - 非GAAP每股收益为1.67美元，同比增长31%[28] - 2023年全年非GAAP净利润为3.446亿美元，同比增长44.6%[76] - 2023年全年调整后EBITDA为8.672亿美元，同比增长17.6%[78] - 2023年全年GAAP每股收益为1.83美元，非GAAP每股收益为7.35美元[80] - 2023年第二季度非GAAP净利润为0.754亿美元，同比增长25.2%[76] - 2023年第二季度调整后EBITDA为2.259亿美元，同比增长16.2%[78] 未来展望 - 2024年全年非GAAP收入预计50.75-52.25亿美元，调整后EBITDA预计9.35-9.85亿美元[11] - 2024年全年非GAAP每股收益预计7.30-8.00美元[11] - 2024年全年自由现金流(扣除股利)预计4.15-4.65亿美元[11] - 公司2023年和2024年第一季度至第二季度的收入分别为24.89亿美元和25.31亿美元[40] - 公司2023年和2024年第一季度至第二季度的营业利润分别为3.01亿美元和3.01亿美元[42] - 公司2023年和2024年第一季度至第二季度的营业利润率分别为12.1%和12.1%[45] - 2024年非GAAP业绩指引无法与GAAP进行对账，主要由于无法准确预测阿根廷高通胀会计的影响以及其他潜在的非GAAP调整项目[62] - 2024年自由现金流(扣除股息)预计为-0.368亿美元(非GAAP)[83] 资本管理 - 截至今年上半年已回购72.2万股公司股票，平均价格为91.02美元/股[4] - 公司持续执行资本配置框架，今年已向股东返还8600万美元现金，是去年的两倍[5] - 公司在北美地区的利润率提升360个基点，体现了精益管理的持续进步[5] - 公司将现金收到和处理的客户义务变动排除在自由现金流之外[84] - 自由现金流(扣除股息)是一个补充性财务指标,不属于GAAP要求的指标[85] - 该指标旨在排除受限现金、某些现金管理服务业务的现金收付影响、资本支出,并包括出售物业、设备和投资所得款项以及出租人债务融资所得款项[85] - 该指标有助于评估经营活动产生的现金流,实现期间可比性,并有助于预测未来现金流[85] 非经常性事项 - 公司2023年发生了一起非常规的车祸事故,导致8.0百万美元的费用[56] - 公司2024年第二季度就美国司法部的调查计提了6.0百万美元的费用[57] - 公司2023年和2024年第一季度至第二季度就智利反垄断事项计提了0.05亿美元的费用[58] - 公司2023年和2024年上半年非GAAP税率分别为24.8%和28.1%[64] - 2023年和2024年上半年非GAAP利息费用分别为2.03亿美元和1.12亿美元[70] - 2023年和2024年上半年非GAAP税费分别为1.18亿美元和5.92亿美元[73] 公司战略 - 公司有信心保持正确的战略方向，正在加快业务转型以实现未来成功[6] - 公司2023年和2024年第一季度至第二季度的重组和重构费用分别为1.5亿美元和0.15亿美元[49][50] - 公司2023年和2024年第一季度至第二季度的收购和处置费用分别为0.71亿美元和0.31亿美元[52][53] - 公司2023年和2024年第一季度至第二季度在阿根廷高通胀影响下的费用分别为0.87亿美元和0.13亿美元[54] - 公司2023年和2024年第一季度至第二季度的转型举措费用分别为0.55亿美元和0.12亿美元[55]

Wall Street analysts forecast that Brink's (BCO) will report quarterly earnings of $1.42 per share in its upcoming release, pointing to a year-over-year increase of 20.3%. It is anticipated that revenues will amount to $1.25 billion, exhibiting an increase of 3.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a ...

RICHMOND, Va., July 17, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, will host a conference call on Wednesday, August 7, at 9:00 a.m. (ET) to review second-quarter 2024 financial results, which will be released earlier that day. The conference call can be accessed by calling 888-349-0094 (in the U.S.) or 412-902-0124 (international). Participants should join at least five minutes prior ...

Sundry Photography In this market, it's truly amazing how fast things can change. Back in late January of this year, I wrote an article about a company called The Brink's Company (NYSE:BCO). If you are reading this article, you almost certainly have seen one of its armored trucks transporting cash. The firm provides ATM managed services, as well as digital retail solutions. This makes it an interesting type of business anyway. But when I reiterated my ‘buy’ rating on the stock earlier this year, I did n ...

RICHMOND, Va., July 11, 2024 (GLOBE NEWSWIRE) -- The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of $0.2425 cents per share on the company’s common stock. The dividend is payable on September 3, 2024, to shareholders of record on July 29, 2024. On May 1, 2024, in alignment with its existing capital allocation framework, the Company announced the second consecutive annual double-digit increase to its quarterly dividend. About The Brink’s Company The Brink’ ...

Marat Musabirov Investment summary My recommendation for The Brink’s Company (NYSE:BCO) is a buy rating. BCO is the largest player in the industry, and this gives it a very strong scale advantage against subscale players, which enables it to continuously capture share from them. I don’t see a world where we go totally cash-free (i.e., no cash in circulation), and as such, there will always be demand for the services that BCO provides. Recent financial performance clearly shows that BCO is still growing ...

RICHMOND, Va., June 12, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) (the "Company") today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes were priced at par, will mature on June 15, 2029 and June 15, 2032, respectively, and bear an annual interest rate of 6.500% and 6.750%, respectively. Kurt McMaken, executive vice president and CFO, said: "We are ...

RICHMOND, Va., June 12, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) (the “Company”) today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes were priced at par, will mature on June 15, 2029 and June 15, 2032, respectively, and bear an annual interest rate of 6.500% and 6.750%, respectively. Kurt McMaken, executive vice president and CFO, said: “We are ...

RICHMOND, Va., June 05, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) (the "Company") today announced the pricing of its offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes will be issued at par, will mature on June 15, 2029 and June 15, 2032, respectively, and will bear an annual interest rate of 6.500% and 6.750%, respectively. The notes will be general unsecured obligations guaranteed by the Company's exis ...

RICHMOND, Va., June 05, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) (the “Company”) today announced the pricing of its offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes will be issued at par, will mature on June 15, 2029 and June 15, 2032, respectively, and will bear an annual interest rate of 6.500% and 6.750%, respectively. The notes will be general unsecured obligations guaranteed by the Company’s exis ...