Broadridge Financial

Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.

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Broadridge reports strong Q1 earnings, eyes organic growth opportunities

Broadridge's Q1 2023 earnings call showcased strong financial performance, with a focus on recurring revenue growth and margin expansion. The company is confident in its ability to deliver another strong year in fiscal '23, despite challenges in new bookings and closed sales expectations. Broadridge remains well-positioned to capitalize on opportunities in foundational technology and organic revenue growth.

Broadridge Financial reports strong Q2 earnings, eyes growth opportunities

Broadridge Financial's Q2 performance was robust, showcasing growth in key segments and reaffirming full-year guidance. Despite challenges like decelerating growth and potential macro headwinds, the company remains optimistic about sustaining growth targets and leveraging opportunities for further expansion.

Broadridge Financial excels in Q3, poised for sustained growth

Broadridge Financial delivered a strong Q3 performance with growth across key segments and expects steady top and bottom-line growth in the fourth quarter. The company is on track to meet or exceed its 3-year financial objectives, with a focus on enhancing free cash flow conversion and capital allocation strategies.

Broadridge Financial exceeds Q4 expectations, eyes growth opportunities in M&A

Broadridge Financial reported strong Q4 results, met or exceeded financial objectives, and announced plans for dividend increase, share repurchases, and potential M&A. The company expects mid- to high single-digit recurring revenue growth, margin expansion, and strong adjusted EPS growth in fiscal '24. Challenges include sales visibility uncertainties and managing sales timing.

Broadridge Financial reports strong Q1 performance and outlines growth strategies

Broadridge Financial's Q1 2024 showcased robust financial performance and strategic initiatives for growth and margin expansion.
The company's strengths in modernizing investing, disciplined financial management, and competitive positioning bode well for future prospects.
While facing challenges in earnings impact and market competition, Broadridge eyes opportunities in debt reduction, strategic investments, and shareholder value creation.

Broadridge Financial reports strong Q2 results, eyes growth opportunities

Broadridge Financial's Q2 performance reflects a solid foundation for future growth, supported by strong revenue growth and a clear strategic vision. While facing challenges in customization and integration, the company's focus on innovation and client engagement positions it well for success. With a robust pipeline and confidence in meeting financial objectives, Broadridge is poised for continued growth and market leadership.

Broadridge Financial reports strong Q3 performance and growth outlook

Broadridge Financial's Q3 performance reflects solid growth in recurring revenue and adjusted EPS.
Despite challenges in regulatory communications timing, the company remains focused on growth and shareholder engagement.
Management's strategic focus on addressing client needs and enhancing digital capabilities positions Broadridge for long-term success.
Anticipated revenue growth and strong performance outlook indicate a positive trajectory for Broadridge Financial.

Broadridge posts record sales and dividend increase, eyes growth opportunities

Broadridge Financial's Q4 2024 performance reflects strong sales growth, financial stability, and shareholder value creation through dividends and buybacks.
The company's strategic focus on digitization, governance, and market expansion positions it well for sustained growth and profitability.
While facing challenges in maintaining growth targets, Broadridge has opportunities to leverage its strengths in technology, acquisitions, and market trends.

Broadridge Financial reports solid Q1 results, raises revenue guidance

Broadridge Financial delivered a strong performance in Q1 2025, with growth in governance and capital markets revenue. Despite challenges in Wealth and Investment Management, the company remains optimistic about the SIS acquisition and raised revenue guidance. The outlook for the year includes solid sales activity and confidence in revenue growth.

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New enhancements address industry needs to quote at unprecedented scale, while optimizing trading technology to unlock significant efficiency gains for traders NEW YORK and LONDON , Nov. 21, 2024 /PRNewswire/ -- Broadridge Financial Solutions , Inc. (NYSE:BR), a global Fintech leader, today announced transformative enhancements to Tbricks, its high-performance multi-asset trading and market making solution. Broadridge's latest Structured Products Market Making enhancements are set to transform global trading operations, enabling trading desks to quote hundreds of thousands of structured products across multiple markets and distribution channels simultaneously.

Broadridge Significantly Enhances Structured Product Trading Capabilities

NEW YORK , Nov. 14, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that its Board of Directors has declared a quarterly cash dividend of $0.88 per share. The dividend is payable on January 3, 2025 to stockholders of record at the close of business on December 13, 2024.

Broadridge Declares Quarterly Dividend of $0.88 Per Share

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it will be participating at the Wolfe Research Wealth Symposium, including a fireside chat with management, available on Broadridge's Investor Relations page at www.broadridge-ir.com. Wolfe Research Wealth Symposium – New York City Date and Time: November 13, 2024, 12:30 P.M.

Broadridge to Participate in Upcoming Investor Event

Broadridge Financial Solutions has a strong history of profitable growth, robust markets, and resources for continued organic and acquisition-driven expansion, supporting a Buy rating. With a one-year price target of $247.53, I expect Broadridge's share price to rise by approximately 10% in the next year, driven by solid financial performance. Despite competitive pressures, Broadridge's scale and net income margin suggest a narrow moat, with expected EPS growth of 8% to 12% for fiscal 2025.

Broadridge: More High Single-Digit Earnings Growth Ahead

Broadridge Financial (BR) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Broadridge Financial (BR) Now

BR's first-quarter fiscal 2025 revenues decrease year over year.

Broadridge's Q1 Earnings Meet Estimates, Decline Year Over Year

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Why Broadridge Financial Solutions (BR) is a Top Momentum Stock for the Long-Term

NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that its Banking Book Collateral Management Technology, COLLATE, has been recognized as a category leader in the latest Credit Lending Operations 2024 Report from Chartis, a leading provider of research and analysis on the global market for risk technology. The report evaluates the leading products offered in corporate, small and medium enterprise lending, syndicated lending and private/non-bank credit.

Broadridge Named a Category Leader by Chartis in Collateral Management Systems

Broadridge Financial Solutions, Inc. (NYSE:BR ) Q1 2025 Results Conference Call November 5, 2024 8:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executive Officer, Management Ashima Ghei - Interim Chief Finance Officer Conference Call Participants Dan Perlin - RBC Capital James Faucette - Morgan Stanley Puneet Jain - JPMorgan Patrick O'Shaughnessy - Raymond James Operator Good day, and welcome to the Broadridge Fiscal First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.

Broadridge Financial Solutions, Inc. (BR) Q1 2025 Earnings Call Transcript

While the top- and bottom-line numbers for Broadridge Financial (BR) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Broadridge Financial (BR) Reports Q1 Earnings: What Key Metrics Have to Say

Broadridge Financial Solutions (BR) came out with quarterly earnings of $1 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.09 per share a year ago.

Broadridge Financial Solutions (BR) Meets Q1 Earnings Estimates

Fintech firm Broadridge Financial beat Wall Street estimates for first-quarter profit on Tuesday, helped by resilient demand in its global technology business.

Broadridge Financial profit beats estimates on strength in global technology unit

Recurring revenues grew 3%; up 4% constant currency Closed sales rose 21% to $57 million Diluted EPS was $0.68 and Adjusted EPS was $1.00 Raising FY'25 guidance to include 6-8% Recurring revenue growth constant currency; reaffirming 8-12% Adjusted EPS growth NEW YORK , Nov. 5, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the first quarter ended September 30, 2024 of its fiscal year 2025. Results compared with the same period last year were as follows:   Summary Financial Results First Quarter Dollars in millions, except per share data   2025 2024 Change Recurring revenues $900 $871 3 %      Constant currency growth (Non-GAAP) 4 % Total revenues $1,423 $1,431 (1 %) Operating income $134 $148 (9 %)      Margin 9.4 % 10.4 % Adjusted Operating income (Non-GAAP) $185 $199 (7 %)      Margin (Non-GAAP) 13.0 % 13.9 % Diluted EPS $0.68 $0.76 (11 %) Adjusted EPS (Non-GAAP) $1.00 $1.09 (8 %) Closed sales $57 $48 21 % "Broadridge's first quarter results keep us on track to deliver a strong fiscal year 2025," said Tim Gokey, Broadridge CEO.

Broadridge Reports First Quarter Fiscal 2025 Results

NEW YORK and TORONTO , Nov. 1, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) has completed its previously announced acquisition of Kyndryl's Securities Industry Services (SIS) platform, which provides wealth management and capital markets software solutions to Canadian financial services firms.  The acquisition further emphasizes Broadridge's commitment to providing leading solutions to the Canadian financial services market that enable simplification and innovation and will enable Broadridge to bring accelerated innovation and product investments to the Canadian wealth market.

Broadridge Completes Acquisition of Kyndryl SIS

Besides Wall Street's top -and-bottom-line estimates for Broadridge Financial (BR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Insights Into Broadridge Financial (BR) Q1: Wall Street Projections for Key Metrics

The Broadridge® ClearFi solution provides investors with user-friendly information on digital assets. NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), today announced the launch of Broadridge ® ClearFi ("ClearFi"), a new suite of products to help financial intermediaries operating within the Digital Asset space to get out ahead of current and emerging disclosure regulations.

Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines

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Broadridge Financial Solutions, Genpact and ExlService have been highlighted in this Industry Outlook article.

Zacks Industry Outlook Broadridge Financial Solutions, Genpact and ExlService

The Zacks Outsourcing industry is well-positioned to benefit from increased demand for business process outsourcing, and AI and ML. BR, G and EXLS are three stocks that are prime candidates to ride the demand strength.

3 Outsourcing Stocks to Consider Amid Industry Challenges

Broadridge customers can now benefit from expanded metrics and analytics to increase sales conversion rates and grow revenue NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Broadridge Financial Solutions Inc. (NYSE: BR) today announced it has launched Distribution Insights for Asset Managers on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowering customers to capture data from wherever it lives, strengthening analytics and insights with richer knowledge, context and reasoning, powered by Data Cloud. Broadridge Distribution Insights for Asset Managers is currently available on AppExchange at https://appexchange.salesforce.com/appxListingDetail?listingId=e5bd5692-e63b-409a-aba3-3ca7e5125e64.

Broadridge Announces Distribution Insights for Asset Managers on Salesforce AppExchange

NEW YORK , Oct. 22, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2025 on Tuesday, November 5, 2024. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m.

Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2025 Results on November 5, 2024

NEW YORK , Oct. 22, 2024 /PRNewswire/ -- LTX, an AI-powered corporate bond trading platform backed by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced that TD Bank has joined its e-trading platform through its subsidiary TD Securities Automated Trading LLC. TD Bank will contribute axes, or pre-trade indications of interest, to LTX's Liquidity Cloud and utilize LTX's RFQ+ protocol to provide Investment Grade and High Yield bond liquidity to its institutional clients.

TD Bank Joins LTX, A Broadridge Company, As a Liquidity Provider

NEW YORK and LONDON and SINGAPORE , Oct. 20, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc.  (NYSE:BR), a global technology leader, today announced its readiness to support new OTC derivatives reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) set to go live on October 21, 2024. Broadridge is also proactively expanding its offerings to include other updated regulatory regimes and asset classes, such as the Canadian rewrite scheduled for July 2025 and the Hong Kong rewrite slated for September 2025.

Broadridge Expands OTC Derivatives Reporting Solution Across Multiple Jurisdictions

Here's Why Broadridge Financial Solutions (BR) is a Strong Growth Stock

NEW YORK and LONDON and FRANKFURT, Germany , Oct. 17, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.

Broadridge Launches Instant Payments Service, Aligned with New EU Regulations

NEW YORK and LONDON and COPENHAGEN, Denmark , Oct. 16, 2024 /PRNewswire/ -- In a move to enhance client services globally, Danske Bank has implemented Broadridge Financial Solutions, Inc.'s (NYSE: BR) leading global proxy voting technology. The Broadridge solution streamlines the proxy voting process and ensures greater accuracy and speed, enabling Danske Bank's clients to make more informed and timely investment decisions.

News for Broadridge Financial Stock (BR)