Broadridge(BR)

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Insights Into Broadridge Financial (BR) Q1: Wall Street Projections for Key Metrics
ZACKS· 2024-10-31 14:20
Analysts on Wall Street project that Broadridge Financial Solutions (BR) will announce quarterly earnings of $1 per share in its forthcoming report, representing a decline of 8.3% year over year. Revenues are projected to reach $1.48 billion, increasing 3.5% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ove ...
Broadridge Launches New Digital Asset Information Platform to Help Financial Intermediaries Comply with Regulatory Guidelines
Prnewswire· 2024-10-31 11:30
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. ClearFi helps broker-dealers, exchanges, and wallet providers provide their clients and particip ...
3 Outsourcing Stocks to Consider Amid Industry Challenges
ZACKS· 2024-10-25 17:30
The Zacks Outsourcing industry has witnessed significant growth, driven by numerous economic, technological and business factors. Key drivers include the desire to reduce costs, the onset of remote work, the rising focus on cyber security awareness, and the surge in trends such as AI and ML. Investors can look at Broadridge Financial Solutions, Inc. (BR) , Genpact Limited (G) and ExlService Holdings, Inc. (EXLS) from the Outsourcing market. About the Industry Outsourcing involves delegating a company's inte ...
Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2025 Results on November 5, 2024
Prnewswire· 2024-10-22 22:08
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. ET on November 5, 2024. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Interim Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridg ...
TD Bank Joins LTX, A Broadridge Company, As a Liquidity Provider
Prnewswire· 2024-10-22 11:00
Core Insights - LTX, an AI-powered corporate bond trading platform, has announced that TD Bank has joined its e-trading platform, enhancing liquidity for institutional clients [1] - The partnership aims to address challenges in the corporate bond market, including high trading costs and limited e-trading options for large trades [1][2] - LTX utilizes patented AI and execution protocols to improve liquidity and efficiency in corporate bond trading [3] Company Developments - TD Bank will contribute axes to LTX's Liquidity Cloud and use the RFQ+ protocol to provide Investment Grade and High Yield bond liquidity [1] - Recent innovations from LTX include BondGPT and BondGPT+, which assist users in identifying corporate bonds and answering complex queries [2] - LTX's Liquidity Cloud offers real-time buy- and sell-side indications of interest, enhancing trading efficiency [3] Broadridge Overview - Broadridge Financial Solutions is a global technology leader that supports clients in the financial services industry [4] - The company processes over 7 billion communications annually and underpins daily trading of more than $10 trillion of securities globally [4] - Broadridge is part of the S&P 500 Index and employs over 14,000 associates across 21 countries [4]
Broadridge Expands OTC Derivatives Reporting Solution Across Multiple Jurisdictions
Prnewswire· 2024-10-21 00:00
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 rew ...
Here's Why Broadridge Financial Solutions (BR) is a Strong Growth Stock
ZACKS· 2024-10-17 14:45
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F [2] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score evaluates stocks based on projected earnings and sales growth [3] - Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [3] - VGM Score combines all three Style Scores to highlight stocks with the best overall potential [4] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors [5] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [5] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [6] Company Spotlight: Broadridge Financial Solutions - Broadridge Financial Solutions is a global financial technology company providing investor communications and technology solutions [7] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong growth potential [7] - Broadridge is projected to achieve year-over-year earnings growth of 10.1% for the current fiscal year, with an upward revision in earnings estimates [7] - The Zacks Consensus Estimate for Broadridge's earnings has increased by $0.08 to $8.51 per share, with an average earnings surprise of 5.3% [7][8]
Broadridge Launches Instant Payments Service, Aligned with New EU Regulations
Prnewswire· 2024-10-17 06:00
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's Instant Payments Service util ...
Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing
Prnewswire· 2024-10-15 06:00
Core Insights - Broadridge Financial Solutions has launched enhanced services for international post-trade processing to address increasing cyber threats and comply with the EU's Digital Operational Resilience Act (DORA) [1][2] - The compliance deadline for DORA is approaching, emphasizing the urgency for financial firms to review their systems and strategies to mitigate risks associated with cyber incidents [2] Group 1: Enhanced Services and Solutions - Broadridge's new operational resilience services allow firms to share costs for business continuity and compliance with DORA through a shared services pricing model [2] - The services include specialized professional expertise to assess and validate risk and control frameworks, identifying vulnerabilities and enhancing operational risk management practices [2] - High-availability recovery solutions are provided, ensuring backup environments meet regulatory standards and can reduce recovery times from hours to minutes in case of cyber incidents [2] Group 2: Cyber-Recovery Capabilities - Broadridge offers enhanced cyber-recovery capabilities that protect critical data assets, utilizing secure, immutable storage for unalterable copies of a firm's post-trade infrastructure [2] - In the event of a cyber incident, these secure copies can be quickly restored, facilitating faster system recovery [2] Group 3: Company Overview - Broadridge Financial Solutions is a global technology leader, processing over 7 billion communications annually and supporting daily trading of more than $10 trillion in securities [4] - The company is part of the S&P 500 Index and employs over 14,000 associates across 21 countries [4]
Americas Executions Leverages Broadridge Technology to Support New Securities Lending Business
Prnewswire· 2024-10-10 06:00
NEW YORK, Oct. 10, 2024 /PRNewswire/ -- Americas Executions (AmerX), a full-service broker-dealer, implements technology platform Securities Finance and Collateral Management (SFCM) from global fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) to drive growth for its newly launched securities lending business. "As we launch AmerX's new securities lending business, Broadridge's advanced solution provides the essential system functionalities to enable us to offer new products and services that ad ...