NYSE$BCO
Brinks Co · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Brink's reported strong growth in revenue, net income, adjusted EBITDA, and EPS.
Brink's Q3 2021 earnings showcased significant growth, with revenue up 11% and organic growth at 6%. GAAP net income improved from a loss to $19 million, and adjusted EBITDA increased by 15% to $170 million. The company also announced a $150 million accelerated share repurchase plan.
- Revenue increased by 11%, with 6% organic growth.
- GAAP net income was $19 million, a significant improvement from a loss of $24 million.
- Adjusted EBITDA rose by 15% to $170 million.
- The company announced a $150 million accelerated share repurchase plan.
Headline financials
Revenue & EPS history
Brinks · Revenue · Quarterly
$1.08B
Forward guidance
The company's full-year guidance remains unchanged, with revenue expected to be in the range of $4.1 billion to $4.2 billion, non-GAAP operating profit of approximately $465 million, and adjusted EBITDA of approximately $660 million. The preliminary 2022 adjusted EBITDA target of $785 million to $825 million also remains unchanged. Revenue in 2022 is anticipated to exceed the adjusted pre-Covid level of $4.55 billion.
Tailwinds
- Revenue in a range between $4.1 billion and $4.2 billion
- Non-GAAP operating profit of approximately $465 million
- Adjusted EBITDA of approximately $660 million
- Preliminary 2022 adjusted EBITDA target of $785 million to $825 million remains unchanged
- Anticipate revenue in 2022 will exceed the adjusted pre-Covid level of $4.55 billion
Headwinds
- U.S. results continue to be affected by labor shortages and inflationary wage pressures
- Pandemic’s ongoing impact on organic growth
- Rate of recovery may continue to be uneven
- Wage inflation
- Ongoing Covid-19 pandemic and related impact to and restrictions on the actions of businesses and consumers, including suppliers and customers
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 Q3 2021
+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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