Broadridge Reports First Quarter Fiscal 2025 Results 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, N.Y., November 5, 2024 - Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the first quarter ended September 30, 2024 of its fiscal year 2025. Results compa ...

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 follow ...

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 ...

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 ...

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 ...

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 ...

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]

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 ...

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]

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 ...