Broadridge Financial Solutions Inc reports results for the quarter ended in March - Earnings Summary

Broadridge Financial Solutions

02/05/2023 14:30

* Broadridge Financial Solutions Inc  BR.N  reported
quarterly
adjusted earnings of $2.05​​ per share for the quarter ended in
March. The mean expectation of eight analysts for the quarter
was for earnings of $2.02 per share.
    * Revenue rose 7.3% to $1.65 billion from a year ago;
analysts
expected $1.65 billion. 
    * Broadridge Financial Solutions Inc's reported EPS for the
quarter was $1.67​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Broadridge Financial Solutions Inc shares had fallen
by 1.6%
this quarter and gained 7.5% so far this year.
    * The company reported quarterly net income of $198.5
million.
    * Wall Street's median 12-month price target for Broadridge
Financial Solutions Inc is $160.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.02           2.05           Beat
 Dec. 31 2022      0.90           0.91           Beat
 Sep. 30 2022      0.88           0.84           Missed
 Jun. 30 2022      2.62           2.65           Beat