NYSE$BCO
Brinks Co · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Brink's Q1 2023 earnings reflected double-digit revenue and operating profit growth, with the highest Q1 GAAP operating profit margin since 2018 and non-GAAP operating profit margin since 2010.
Brink's Q1 2023 earnings showcased strong performance with double-digit revenue growth, driven by robust gains in digital retail solutions and ATM managed services. The company's highest non-GAAP first quarter operating margin in recent history was attributed to higher productivity, labor improvements in the U.S., benefits from the 2022 global restructuring plan, and improved revenue mix. Increased full-year 2023 guidance for operating profit, adjusted EBITDA and EPS.
- Revenue increased by 10%, with organic growth contributing 13%.
- GAAP operating profit rose by 28% to $80 million, while non-GAAP operating profit increased by 14% to $127 million.
- GAAP operating margin improved to 6.7%, and non-GAAP operating margin reached 10.7%.
- GAAP EPS was $0.30, and non-GAAP EPS was $1.16.
Headline financials
Revenue & EPS history
Brinks · Revenue · Quarterly
$1.19B
Forward guidance
Brink's has increased its 2023 profit expectations to reflect further restructuring actions and are confident in our outlook as we capitalize on the strong start to the year and work to deliver results that create long-term shareholder value.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+1.4%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+3.9%
Avg return
30 days after
59%
40 / 68 earnings
Positive
+20.9%
Q2 2020
Best reaction
-14.4%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.5% | +0.7% | -3.3% | |
| Q4 2025 | -14.4% | -8.8% | -25.7% | |
| Q3 2025 | +7.6% | +7.5% | +10.2% | |
| Q1 2025 | -5.3% | -6.9% | -10.4% | |
| Q4 2024 | +1.9% | -6.3% | -7.7% | |
| Q3 2024 | -3.3% | -3.7% | -9.0% | |
| Q2 2024 | -5.6% | -7.4% | +4.2% | |
| Q1 2024 | +6.2% | +6.9% | +11.8% | |
| Q4 2023 | +3.7% | +4.5% | +16.3% | |
| Q3 2023 | +3.5% | +4.9% | +18.7% | |
| Q2 2023 | -1.5% | -0.2% | +3.8% | |
| Q1 2023 | +4.2% | +4.1% | +13.8% | |
| Q4 2022 | +6.7% | +7.2% | +3.8% | |
| Q3 2022 | -3.2% | -0.9% | +0.9% | |
| Q2 2022 | +4.4% | +2.7% | -0.5% | |
| Q1 2022 | +0.2% | +0.7% | +8.3% | |
| Q4 2021 | +3.3% | +2.2% | -2.2% | |
| Q3 2021 | +16.2% | +15.6% | +6.8% | |
| Q2 2021 | -3.8% | -4.6% | -1.4% | |
| Q1 2021 | +4.3% | +3.7% | -2.0% | |
| Q4 2020 | +5.8% | +1.1% | +3.9% | |
| Q3 2020 | -2.5% | +5.5% | +57.1% | |
| Q2 2020 | +20.9% | +13.9% | +31.1% | |
| Q1 2020 | -11.6% | -11.8% | +0.6% | |
| Q4 2019 | -6.5% | -4.6% | -10.5% | |
| Q3 2019 | -0.8% | +2.5% | +4.2% | |
| Q2 2019 | +4.7% | +4.6% | -18.4% | |
| Q1 2019 | -3.3% | -1.3% | -2.5% | |
| Q4 2018 | +0.9% | +3.7% | -2.3% | |
| Q3 2018 | +8.2% | +5.5% | +4.1% | |
| Q2 2018 | +2.4% | +0.5% | -1.1% | |
| Q1 2018 | +0.5% | -1.1% | -7.2% | |
| Q4 2017 | -10.1% | -9.3% | -10.9% | |
| Q3 2017 | -8.9% | -9.9% | -5.1% | |
| Q2 2017 | +12.9% | +10.5% | +6.5% | |
| Q1 2017 | +5.5% | +3.9% | +7.2% | |
| Q4 2016 | +16.1% | +22.5% | +21.2% | |
| Q3 2016 | +8.7% | +5.8% | +20.6% | |
| Q2 2016 | +2.6% | +3.6% | +15.8% | |
| Q1 2016 | -13.1% | — | — | |
| Q4 2015 | -0.1% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | +3.5% | — | — | |
| Q1 2015 | +15.6% | — | — | |
| Q4 2014 | +7.4% | — | — | |
| Q3 2014 | -7.2% | — | — | |
| Q2 2014 | +2.7% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q4 2013 | -1.3% | — | — | |
| Q3 2013 | +9.2% | — | — | |
| Q2 2013 | -1.2% | — | — | |
| Q1 2013 | +6.1% | — | — | |
| Q4 2012 | -8.6% | — | — | |
| Q3 2012 | -7.2% | — | — | |
| Q2 2012 | +1.8% | — | — | |
| Q1 2012 | +18.1% | — | — | |
| Q4 2010 | +2.0% | — | — | |
| Q4 2011 | +2.0% | — | — | |
| Q3 2011 | -5.3% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q1 2010 | -5.9% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q4 2008 | -1.1% | — | — | |
| Q3 2010 | +2.8% | — | — | |
| Q3 2009 | +2.8% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q2 2009 | -1.5% | — | — | |
| Q4 2009 | -1.5% | — | — |
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