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The Brink's Company - $BCO STOCK NEWS

Welcome to our dedicated page for The Brink's Company news (Ticker: $BCO), a resource for investors and traders seeking the latest updates and insights on The Brink's Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Brink's Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Brink's Company's position in the market.

Rhea-AI Summary

The Brink's Company (NYSE:BCO) announced strong first-quarter results with a 4% revenue growth and 12% organic growth. GAAP net income increased by 229% to $49M, adjusted EBITDA surged by 15% to $218M, and EPS grew by 263% to $1.09. Non-GAAP EPS rose by 20% to $1.52. The company's TTM GAAP Net Cash from Operations increased by 56% to $800M, with non-GAAP Free Cash Flow up 61% to $363M. First-quarter results showcased robust organic revenue growth, with AMS and DRS segments seeing significant acceleration. Adjusted EBITDA margins expanded by 160 basis-points, reflecting the highest first-quarter margins reported. With a positive outlook for 2024, the company is confident in its value proposition and ability to deliver shareholder value.

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Rhea-AI Sentiment
End-of-Day
2.17%
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Rhea-AI Summary

The Brink's Company (NYSE:BCO) has declared a 10% increase in its regular quarterly dividend on common stock, from 22 cents per share to 24.25 cents per share. The dividend will be payable on June 3, 2024, to shareholders of record on May 13, 2024. Mark Eubanks, president and CEO, highlighted the company's operational performance, future outlook, and commitment to shareholder value.

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Rhea-AI Sentiment
End-of-Day
2.02%
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dividends
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Rhea-AI Summary
The Brink’s Company (NYSE:BCO) has scheduled its first-quarter 2024 earnings release and conference call for May 8, 2024. The conference call will review the financial results of the quarter, with access details provided for participants. The call will be available via phone and webcast, with a replay option for those unable to join live.
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-1.02%
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The Brink’s Company (BCO) reported a 7% revenue growth in 2023 with 9% organic growth, achieving record net cash from operations of $702M and free cash flow of $393M. The company reduced leverage to 2.9x net debt to adjusted EBITDA, within the target range of 2x-3x. Management expects mid-single digit revenue growth and strong EBITDA margin expansion in 2024.
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Rhea-AI Sentiment
End-of-Day
4.24%
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Rhea-AI Summary
The Brink’s Company (NYSE:BCO) will host a conference call on February 29th, 2024, to review fourth-quarter and full year 2023 financial results. Participants can access the call via phone or webcast, with replays available. Pre-registration is encouraged for direct dial-in numbers.
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End-of-Day
3.01%
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News
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The Brink’s Company (BCO) has declared a regular quarterly dividend of 22 cents per share on the company’s common stock. The dividend is payable on March 1, 2024, to shareholders of record as of February 5, 2024.
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End-of-Day
0.54%
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dividends
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The Brink’s Company (NYSE:BCO) reported a third-quarter revenue increase of 8%, with operating profit and operating profit margin reaching record levels. Year-to-date net cash from operations is up 46% and free cash flow up 197% compared to the previous year. The company also increased its full-year free cash flow guidance to the top half of the range, now projected at $350M - $375M.
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End-of-Day
6.41%
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The Brink's Company (NYSE:BCO) has announced a new share repurchase program worth $500 million. The program, authorized by the Board of Directors, will expire on December 31, 2025. This new program is double the size of the previous two programs and reflects the company's strong performance and future outlook. The program is part of Brink's capital allocation framework to maximize shareholder value creation.
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4.4%
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buyback
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The Brink's Company to host conference call to review third-quarter 2023 financial results
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-1.01%
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The Brink's Company denies discussions about a strategic transaction with NCR Corporation.
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Rhea-AI Sentiment
End-of-Day
-5.22%
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none
The Brink's Company

NYSE:BCO

BCO Rankings

BCO Stock Data

4.50B
43.24M
2.02%
100.14%
2.34%
Investigation Services
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
RICHMOND

About BCO

brink’s, incorporated is the world’s premier provider of secure solutions – including global transportation and storage for high-value goods, currency and coin processing, smart safes, atm services, security services and advanced technology – that deliver critical business intelligence, improved productivity and enhanced protection. established in 1859, brink’s employs over 59,900 employees and serves customers through a network of 1,100 facilities and 12,000 vehicles in more than 100 countries on six continents — an unrivaled global footprint that delivers incomparable security, efficiency and visibility across the logistics lifecycle.