Brinks Q3 profit beats estimates on strong AMS, digital solutions growth
Overview
U.S. cash management firm's Q3 revenue grew 3%, a slight miss versus analyst expectations
Adjusted EPS for Q3 beat analyst expectations
Company saw margin expansion and strong AMS/DRS organic growth
Outlook
Brinks expects 2026 organic revenue growth in the mid-single digits
Company forecasts 2026 AMS/DRS organic revenue growth in the mid-to-high teens
Company sees Q4 2026 revenue between $1.37 bln and $1.42 bln
Result Drivers
AMS/DRS GROWTH - Co said organic growth in ATM managed services and digital retail solutions accelerated sequentially despite economic challenges
MARGIN EXPANSION - Co attributed margin gains to favorable revenue mix and strong pricing dynamics
ORGANIC GROWTH - Co reported 4% organic revenue growth, with over 16% organic growth in AMS/DRS
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Miss* | $1.38 bln | $1.39 bln (4 Analysts) |
Q3 Adjusted EPS | Beat | $2.46 | $2.41 (3 Analysts) |
Q3 EPS | $0.35 | ||
Q3 Adjusted Operating Income | $208 mln | ||
Q3 Adjusted Operating Margin | 15.10% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for The Brink's Company is $141.19, about 30.7% above its November 3 closing price of $108.00
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)