Broadridge Financial Solutions Inc expected to post earnings of $3.50 a share - Earnings Preview

Broadridge Financial Solutions

02/08/2024 16:55

* Broadridge Financial Solutions Inc  BR.N   BR  is expected
to show a rise in quarterly revenue when it reports  results on
August 6 for the period ending June 30 2024
    * The Lake Success New York-based  company is expected to
report a
6.5% increase in revenue to $1.958 billion from $1.84 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 $3.50 per share. The company's EPS
guidance on February 1 2024, for the period ended June 30, was
between $2.19 and $2.23 
    * 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 $212.41​, below​ its last closing
price of $214.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.24        2.24       2.23      Missed  -0.3
 Dec. 31 2024  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.        2.02        2.02       2.05      Beat    1.3
 31 2023                                                
 Dec. 31 2022  0.90        0.90       0.91      Beat    0.9​
 Sep. 30 2022  0.87        0.88       0.84      Missed  -4.1
 Jun. 30 2022  2.63        2.62       2.65      Beat    1
 This summary was machine generated August 2 at 15:55 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)