Broadridge Financial Solutions Inc expected to post earnings of 89 cents a share - Earnings Preview

Broadridge Financial Solutions

30/01/2024 13:45

* Broadridge Financial Solutions Inc  BR.N   BR  is expected
to show a rise in quarterly revenue when it reports  results on
February 1 for the period ending December 31 2023
    * The Lake Success New York-based  company is expected to
report a
8.5% increase in revenue to $1.402 billion from $1.29 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 89 cents per share. 
    * 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 $198.00​, below​ its last closing
price of $208.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.90        0.90       0.91      Beat    0.9
 ​​Sep.        0.87        0.88       0.84      Missed  -4.1
 30 2022                                                
 Jun. 30 2022  2.63        2.62       2.65      Beat    1​
 Mar. 31 2022  1.78        1.78       1.93      Beat    8.3
 Dec. 31 2021  0.82        0.82       0.82      Met     -0.5
 This summary was machine generated January 30 at 13:45 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)