Brink’s reports Q4 EPS $2.12, consensus $1.89

Reports Q4 revenue $1.264B, consensus $1.25B. Mark Eubanks, president and CEO, said: “2024 completes another year of strategic progress as we continue to transform Brink’s (BCO) into a faster growing, more profitable and higher cash flow generating business. Over the year, we accelerated organic growth in AMS and DRS, expanded our EBITDA margins and generated $400 million of free cash flow, returning more than 60% to our shareholders. We remain steadfast in our strategy to improve our revenue mix, drive waste out of our operations through the Brink’s Business System, consistently improve cash conversion and return excess capital to our shareholders. I’m proud of the progress we made this year and am encouraged with the pace and trajectory of our transformation.