Broadridge Financial Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

Broadridge Financial Solutions

31/01/2025 14:31

* Broadridge Financial Solutions Inc  BR.N  reported
quarterly
adjusted earnings of $1.56​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 92 cents.  The mean expectation of
eight analysts for the quarter was for earnings of $1.47 per
share. Wall Street expected results to range from $1.26 
to $1.57 per share.
    * Revenue rose 13.1% to $1.59 billion from a year ago;
analysts
expected $1.56 billion. 
    * Broadridge Financial Solutions Inc's reported EPS for the
quarter was $1.20​.
    * The company reported quarterly net income of $142.4
million.
    * Broadridge Financial Solutions Inc shares had risen
by 5.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 20.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the professional
information services peer group is also "hold"

Wall Street's median 12-month price target for Broadridge
Financial Solutions Inc is $231.00 
This summary was machine generated from LSEG data January 31 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.47           1.56           Beat
 Sep. 30 2024      0.97           1.00           Beat
 Jun. 30 2024      3.49           3.50           Beat
 Mar. 31 2024      2.24           2.23           Missed