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Broadridge(BR) - 2025 Q2 - Earnings Call Presentation
2025-01-31 14:39
Powering and transforming financial markets Earnings Conference Call Fiscal Second Quarter 2025 January 31, 2025 Forward-Looking Statements This presentation and other written or oral statements made from time to time by representatives of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of w ...
Broadridge(BR) - 2025 Q2 - Quarterly Results
2025-01-31 12:59
EXHIBIT 99.1 Broadridge Reports Second Quarter Fiscal 2025 Results Recurring revenues grew 9%; up 9% constant currency Diluted EPS grew 103% to $1.20 and Adjusted EPS grew 70% to $1.56 Reaffirming FY'25 guidance, including 6-8% Recurring revenue growth constant currency, 8-12% Adjusted EPS growth, and Closed sales of $290 - $330 million NEW YORK, N.Y., January 31, 2025 - Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the second quarter ended December 31, 2024 of its fisc ...
Broadridge Reports Second Quarter Fiscal 2025 Results
Prnewswire· 2025-01-31 12:00
Core Insights - Broadridge Financial Solutions reported strong financial results for the second quarter of fiscal year 2025, with recurring revenues growing by 9% and diluted EPS increasing by 103% to $1.20 [1][5][6] - The company reaffirmed its fiscal year 2025 guidance, projecting 6-8% recurring revenue growth and 8-12% adjusted EPS growth [3][4] Financial Performance - Recurring revenues reached $980 million, up from $899 million, reflecting a 9% increase year-over-year [1][5] - Total revenues increased by 13% to $1,589 million compared to $1,405 million in the same quarter last year [1][5] - Operating income rose 69% to $211 million, with an operating margin of 13.3%, up from 8.9% [1][6] - Adjusted operating income increased by 51% to $263 million, with a margin of 16.6% compared to 12.4% in the prior year [1][6] Earnings Metrics - Diluted EPS grew 103% to $1.20, while adjusted EPS increased by 70% to $1.56 [1][5] - Net earnings surged 103% to $142 million, and adjusted net earnings rose 68% to $184 million [1][6] Revenue Breakdown - Event-driven revenues saw a significant increase of 126%, reaching $125 million, driven by higher mutual fund communications [6][37] - Distribution revenues increased by 7% to $484 million, primarily due to a postage rate increase [6][37] - By product line, recurring revenue growth was driven by various segments, including a notable 18% increase in issuer services [6][37] Guidance and Strategic Outlook - The company reaffirmed its fiscal year 2025 guidance, maintaining expectations for recurring revenue growth of 6-8% and adjusted EPS growth of 8-12% [3][4] - Broadridge is focused on long-term growth strategies aimed at democratizing and digitizing investing, simplifying trading, and modernizing wealth management [2][3] Acquisition Impact - The acquisition of Kyndryl's Securities Industry Services (SIS) business for approximately $185 million is expected to enhance Broadridge's offerings in wealth management and capital markets [12]
Broadridge Recognized as One of FORTUNE Magazine's 2025 'World's Most Admired Companies'
Prnewswire· 2025-01-29 12:30
NEW YORK, Jan. 29, 2025 /PRNewswire/ -- FORTUNE® magazine has recognized Broadridge Financial Solutions, Inc. (NYSE: BR) as one of the 2025 World's Most Admired Companies. This marks the company's 11th time being named to the prestigious list within the Financial Data Services industry category. The FORTUNE list, considered one of the leading measures of corporate reputation among the world's largest companies, rates firms on a range of criteria from investment value to global competitiveness and innovation ...
Broadridge Financial (BR) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-28 18:00
Broadridge Financial Solutions (BR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since ...
Broadridge Gears Up for Q2 Earnings: What Lies Ahead for the Stock?
ZACKS· 2025-01-27 17:26
Broadridge Financial Solutions Inc. (BR) is set to report its second-quarter fiscal 2025 results on Jan. 31, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.The company’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters and met twice, delivering an average surprise of 1.3%.Broadridge’s Q2 ExpectationsThe Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $1.5 billion, which indicates a 9.8% rise from the yea ...
Broadridge Financial Solutions (BR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-01-24 16:01
The market expects Broadridge Financial Solutions (BR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expe ...
Here's Why You Should Retain Broadridge Stock in Your Portfolio Now
ZACKS· 2025-01-21 19:01
Broadridge Financial Solutions Inc. (BR) stock has showcased a decent run in the past three months. Shares of the company have gained 6.6%, outperforming the 4% rally of the industry and the Zacks S&P 500 composite’s 3.7% growth.BR’s revenues are anticipated to increase 6.4% and 5.6% year over year in fiscal 2025 and 2026, respectively. Earnings are estimated to rise 10.4% in fiscal 2025 and 9.5% in fiscal 2026.Factors That Auger Well for Broadridge’s SuccessBR maintains a strong business model with substan ...
Broadridge Schedules Webcast and Conference Call to Review Second Quarter Fiscal Year 2025 Results on January 31, 2025
Prnewswire· 2025-01-16 21:30
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2025 on Friday, January 31, 2025. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on January 31, 2025. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call. To listen to the live event and access the slide presentation, visit Broadridge's Inve ...
Broadridge Enhances Multi-Asset Post Trade Processing with GenAI-Powered Analytics
Prnewswire· 2025-01-16 06:00
NEW YORK and LONDON and TOYKO, Jan. 16, 2025 /PRNewswire/ -- To better streamline multi-asset post-trade processing and operational reporting, Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced it added an GenAI-powered advanced analytics feature to its platform. A key component of the Broadridge's OpsGPT ® application, this new GenAI-powered functionality enables users to generate insights and visualizations directly from their trade data using natural language, elimin ...