Brink’s reports Q2 adjusted EPS $1.67, consensus $1.47

Reports Q2 revenue $1.253B, consensus $1.26B. Mark Eubanks, president and CEO, said: “Our strong second-quarter was highlighted by continued progress on our strategic objectives to grow AMS and DRS revenue, expand profit margins, and return excess cash to shareholders. Organic growth in AMS and DRS accelerated sequentially and was up 26% year-over-year as we continue to penetrate underserved end-markets across the world. Second quarter adjusted EBITDA margins expanded 200 basis-points, including 360 basis-points in the key North America segment, as we continue to progress our LEAN maturity with the Brink’s Business System. We also continue to execute against our capital allocation framework, returning $86 million of cash to our shareholders so far this year, more than double the prior year.”