Broadridge Financial Solutions (BR) reported $1.42 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.6%. EPS of $1.00 for the same period compares to $1.09 a year ago.The reported revenue represents a surprise of -3.90% over the Zacks Consensus Estimate of $1.48 billion. With the consensus EPS estimate being $1.00, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

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. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this technology outsourcing company would post earnings of $3.48 per share when it actually produced earnings of $3.50, delivering a surprise of 0.57%. Over the last four quarters, the company has surpassed consensus EPS estimates two tim ...

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 ...