Brink's (BCO) Tops Q4 EPS by 63c, Offers FY Guidance

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Go back to Brink's (BCO) Tops Q4 EPS by 63c, Offers FY Guidance

Brink’s Reports Strong Fourth-Quarter Results

February 23, 2021 7:30 AM EST

Sustainable Cost Realignment Drives Higher Margin Rate and Profit Growth   Global Cash Usage Remains Resilient; U.S. Cash Processing and Cash-in-Circulation up vs Pre-pandemic LevelsManagement Expects Strong Revenue and Profit Growth in 2021

Highlights:

Revenue up 9%, continued organic recovery and acquisitions more than offset impact of pandemic GAAP operating profit up 53%, non-GAAP up 26%GAAP operating margin 11%, up 320 bps; non-GAAP 14.2%, up 180 bpsGAAP net income $25M, adjusted EBITDA $194MGAAP EPS $.50; non-GAAP EPS $1.64, up 39%... More