Brinks Co Stock Price, News & Analysis

The Brink's Company (NYSE: BCO) will host a conference call on February 23, 2022, at 8:30 a.m. (ET) to discuss its fourth-quarter and full-year 2021 financial results. Participants can join the call by calling 888-349-0094 in the U.S. or 412-902-0124 internationally, and should log in at least five minutes early. A replay will be available until March 2, 2022. Brink's is a leader in total cash management and secure logistics, offering services to various sectors including financial institutions and retailers, operating in 53 countries worldwide.

The Brink's Company (NYSE:BCO) has declared a quarterly dividend of 20 cents per share on its common stock. This dividend is scheduled for payment on March 1, 2022, to shareholders recorded by February 7, 2022. Brink's is recognized as a leader in total cash management and secure logistics, serving a diverse clientele across 53 countries and over 100 countries globally. Its offerings include cash-in-transit services, ATM services, and cash management solutions.

Priority Technology Holdings (NASDAQ: PRTH) and The Brink's Company (NYSE: BCO) have partnered to integrate Priority's payment processing capabilities with Brink's new digital cash solution, BLUbeem™. This collaboration allows over 250,000 merchants on Priority's platform to process cash payments efficiently, addressing the 20-25% of transactions made in cash. The partnership aims to enhance customer services, improve retention, and expand into new market channels.

The Brink's Company (NYSE:BCO) has launched BLUbeem, a new digital cash payment solution aimed at enhancing cash processing similar to debit and credit transactions. Customers can make cash deposits using a mobile app linked to a secure device at their site, with funds credited to their chosen bank account. The company plans to integrate BLUbeem into point-of-sale systems, targeting the estimated 1.6 million U.S. retail locations lacking effective cash solutions. This initiative is expected to streamline cash handling, improve fund accessibility, and reduce transaction fees for merchants.

The Brink's Company (NYSE:BCO) announced its strategic plan and financial targets for 2024 during its Investor Day. The company aims for an annual organic revenue growth of at least 7%, targeting revenue between $5.3 billion and $5.5 billion by 2024, with adjusted EBITDA around $1 billion. A key focus is the introduction of digital cash payment solutions, expected to contribute 10% to total revenue. Management affirmed its 2021 guidance and 2022 targets, with anticipated adjusted EBITDA for 2022 between $785 million and $825 million.

The Brink's Company (NYSE: BCO) will host a virtual Investor Day on December 15, 2021, starting at 8:30 a.m. ET. Senior management will present the company’s strategic plan and financial targets for 2022-2024, followed by a live Q&A session. Interested participants should access the live webcast via the Brink's Investor Relations page at least 15 minutes before the event. The presentation will also be available for replay after the event on the same page.

The Brink's Company (NYSE:BCO) has announced the promotion of Lindsay Blackwood to executive vice president and general counsel, effective immediately. Blackwood, who joined Brink's in 2012, previously held the role of assistant general counsel and vice president, associate general counsel. She has also served as corporate secretary since 2013. Brink's CEO Doug Pertz praised her legal guidance, particularly in corporate governance and the development of tech-enabled cash management solutions. This leadership change aims to strengthen the company's legal and regulatory strategy.

The Brink's Company (NYSE: BCO) reported a strong third-quarter performance for 2021, with revenue rising 11% to $1,076 million, reflecting 6% organic growth. Net income improved to $19 million from a loss of $24 million, while adjusted EBITDA increased 15% to $170 million. EPS rose to $0.38, compared to a loss of $0.47 in the previous year. The company announced a $150 million accelerated share repurchase plan, targeting approximately 5% of outstanding shares. Despite labor shortages and inflationary pressures impacting results, Brink's maintained its full-year guidance, projecting revenue between $4.1 billion and $4.2 billion.

The Brink's Company (NYSE:BCO), a leader in cash management and secure logistics, announced a conference call scheduled for October 27 at 8:30 a.m. (ET) to discuss its third-quarter financial results, which will be released on the same day. Investors can join by calling specific numbers for U.S. and international lines, with pre-registration available to receive a direct dial-in number. A replay will be accessible until November 26. Brink's operates in 53 countries, providing services to various sectors including finance, retail, and government.