Shares of Brink's Company (BCO) surged 5.17% in pre-market trading on Wednesday, following the company's impressive fourth-quarter results and upbeat guidance for 2025.

The Richmond-based cash management company reported fourth-quarter adjusted earnings per share of $2.12, beating analysts' estimates of $1.89. Revenue for the quarter came in at $1.26 billion, slightly above expectations of $1.25 billion.

For the full year 2024, Brink's reported adjusted earnings of $7.17 per share, while revenue grew 3% year-over-year to $5.01 billion, driven by strong organic growth in its ATM managed services (AMS) and digital retail solutions (DRS) segments.

The company's robust performance was underpinned by its strategic transformation initiatives, which have focused on improving its revenue mix, driving operational efficiencies, and enhancing cash flow generation. Brink's also highlighted its strengthened compliance programs following the resolutions with the Department of Justice (DOJ) and FinCEN related to historical cross-border currency shipments.

Looking ahead, Brink's provided an optimistic outlook for 2025, forecasting mid-single-digit organic revenue growth, with AMS and DRS segments expected to grow in the mid-to-high teens. The company also anticipates adjusted EBITDA margin expansion of 30-50 basis points and free cash flow conversion of 40-45%.

Brink's CEO Mark Eubanks expressed confidence in the company's future, stating, "We have considerable top-line momentum in AMS and DRS, and have seen positive developments early in the quarter in our global services business. I am excited about our future and encouraged by the value creation opportunities in front of us as we execute our strategy."