Brink’s Q4 Earnings Beat Expectations, Sets Optimistic Targets For 2024

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Brink’s Company (NYSE:BCO) fourth-quarter fiscal 2023 sales growth of 5% year-on-year to $1.246 billion, marginally missing the analyst consensus estimate of $1.247 billion.

Adjusted EPS of $2.76 beat the analyst consensus of $2.53.

Revenue from North America slipped to $403.7 million from $413.1 million Y/Y, Latin America increased to $343.3 million from $311.9 million Y/Y, and Europe jumped to $294.4 million from $262.6 million Y/Y.

Adjusted operating profit rose 1% Y/Y to $190 million, and the …

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