The Brink's reports mixed Q2 results; reaffirms FY24 outlook

Aug. 07, 2024 7:24 AM ETThe Brink's Company (BCO) StockBy: Meghavi Singh, SA News Editor
  • The Brink's press release (NYSE:BCO): Q2 Non-GAAP EPS of $1.67 beats by $0.20.
  • Revenue of $1.25B (+2.5% Y/Y) misses by $10M.
2024 Non-GAAP Outlook
Revenues $ 5,075 - 5,225 vs. consensus of $5.14B
     
Adjusted EBITDA $ 935 - 985
     
Adjusted EBITDA margin   18.4% - 18.9%
     
Free cash flow before dividends $ 415 - 465
     
EPS from continuing operations attributable to Brink's $ 7.30 - 8.00 vs. consensus of $7.59

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