Brink’s (NYSE:BCO) Releases Quarterly Earnings Results, Beats Estimates By $0.26 EPS

Brink’s (NYSE:BCO) announced its quarterly earnings data on Wednesday. The business services provider reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.26, Zacks reports. Brink’s had a net margin of 2.37% and a return on equity of 71.46%. Brink’s updated its Q1 2025 guidance to 1.100-1.400 EPS.

Brink’s Trading Up 2.4 %

Shares of NYSE:BCO traded up $2.29 during midday trading on Wednesday, hitting $96.74. 130,830 shares of the stock were exchanged, compared to its average volume of 215,656. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 36.55 and a beta of 1.39. Brink’s has a 12 month low of $79.20 and a 12 month high of $115.91. The business’s 50-day moving average price is $92.42 and its 200 day moving average price is $99.79. The company has a debt-to-equity ratio of 8.76, a quick ratio of 1.57 and a current ratio of 1.57.

Brink’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.2425 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.97 dividend on an annualized basis and a dividend yield of 1.00%. Brink’s’s payout ratio is presently 36.74%.

Analyst Upgrades and Downgrades

Separately, Truist Financial lowered their price objective on shares of Brink’s from $144.00 to $138.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $120.50.

About Brink’s

The Brink’s Co engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries.