Broadridge Financial Solutions Inc expected to post earnings of $2.24 a share - Earnings Preview

Broadridge Financial Solutions

06/05/2024 15:27

* Broadridge Financial Solutions Inc  BR.N   BR  is expected
to show a rise in quarterly revenue when it reports  results on
May 8 for the period ending March 31 2024
    * The Lake Success New York-based  company is expected to
report a
7.3% increase in revenue to $1.767 billion from $1.65 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Broadridge Financial
Solutions
Inc is for earnings of $2.24 per share. The company's EPS
guidance on February 1 2024, for the period ended March 31, was
between $3.43 and $3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Broadridge
Financial Solutions Inc is $205.39​, above​ its last closing
price of $198.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.90        0.89       0.92      Beat    3
 Sep. 30 2023  0.97        0.97       1.09      Beat    12.9
 Jun. 30 2023  3.10        3.11       3.21      Beat    3.3​
 Mar. 31 2023  2.02        2.02       2.05      Beat    1.3
 ​​Dec.        0.90        0.90       0.91      Beat    0.9
 31 2022                                                
 Sep. 30 2022  0.87        0.88       0.84      Missed  -4.1​
 Jun. 30 2022  2.63        2.62       2.65      Beat    1
 Mar. 31 2022  1.78        1.78       1.93      Beat    8.3
 This summary was machine generated May 6 at 14:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)