Countdown to Broadridge Financial (BR) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Broadridge Financial Solutions (BR) is expected to report quarterly earnings of $2.39 per share, a 7.2% increase year-over-year, with revenues projected at $1.86 billion, reflecting a 7.6% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts' collective reevaluation of their initial estimates [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts forecast 'Revenues- Global Technology and Operations' at $468.76 million, a 10.3% increase from the prior-year quarter [5] - 'Investor Communication Solutions- Total ICS Recurring revenues' is expected to reach $751.64 million, indicating a 7.2% year-over-year change [5] - 'Investor Communication Solutions- ICS Event-driven revenues- Equity and other' is projected at $36.12 million, reflecting a -21.5% change year-over-year, while 'ICS Event-driven revenues- Mutual funds' is expected to be $29.16 million, a 38.2% increase [6] - 'Investor Communication Solutions- Total ICS Event-driven revenues' is estimated at $65.28 million, a -2.6% change from the year-ago quarter [7] - 'Revenues- Investor Communication Solutions' is projected to be $1.39 billion, a 6.8% increase from the prior-year quarter [8] - 'Investor Communication Solutions- ICS Recurring revenues- Data-driven fund solutions' is expected at $112.59 million, a 6% increase year-over-year [8] - 'Investor Communication Solutions- ICS Recurring revenues- Issuer' is forecasted at $63.67 million, a 6.8% increase, and 'ICS Recurring revenues- Customer communications' at $201.44 million, a 5.6% increase [9] - 'Global Technology and Operations- GTO Recurring revenues- Capital markets' is projected at $290.63 million, a 9.3% year-over-year increase, while 'GTO Recurring revenues- Wealth and investment management' is expected at $178.14 million, an 11.8% increase [10] Stock Performance - Broadridge Financial shares have decreased by 2.2% in the past month, compared to a -0.8% change in the Zacks S&P 500 composite, with a Zacks Rank 3 (Hold) indicating expected performance in line with the overall market [11]