Broadridge Financial's Q4 revenue meets expectations

Broadridge Financial Solutions

05/08/2025 12:13

Overview

Broadridge Q4 revenue grows 6% to $2.065 bln, beating analyst expectations

Adjusted EPS for Q4 rises 1% to $3.55, beating analyst expectations, per LSEG data

Co raises annual dividend 11% to $3.90 per share, 19th consecutive increase

Outlook

Broadridge expects 5-7% recurring revenue growth constant currency for FY 2026

Company anticipates 8-12% adjusted EPS growth for FY 2026

Broadridge projects closed sales of $290-330 mln for FY 2026

Result Drivers

RECURRING REVENUE - Driven by net new business and internal growth, recurring revenues grew 7%

EVENT-DRIVEN REVENUE - Increased 12% due to higher volume of mutual fund communications

DISTRIBUTION REVENUE - Rose 3% due to postage rate increases, despite lower mail volumes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Meet
$2.06 bln
$2.06 bln (7 Analysts)
Q4 Adjusted EPS
Beat
$3.55
$3.5 (8 Analysts)
Q4 EPS
$3.16
Q4 Net Income
$374.20 mln
Q4 Adjusted Operating Income
$558 mln
Q4 Annual Recurring Revenue
$1.42 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the professional information services peer group is "buy"

Wall Street's median 12-month price target for Broadridge Financial Solutions Inc is $257.00, about 3.3% above its August 4 closing price of $248.46

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nPn2HR9L4a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)