Broadridge's Q1 Earnings and Revenues Outpace Estimates, Rise Y/Y

Core Insights - Broadridge Financial Solutions, Inc. (BR) reported strong first-quarter fiscal 2026 results, with adjusted earnings of $1.51 per share exceeding the Zacks Consensus Estimate by 27% and increasing 51% year over year. Total revenues reached $1.59 billion, surpassing estimates by 3.56% and growing 11.7% year over year [1][9]. Financial Performance - Recurring revenues amounted to $977 million, reflecting a 9% year-over-year increase on a reported basis and 8% on a constant-currency basis [1]. - Revenues in the Investor Communication Solutions segment increased 11.3% year over year to $1.02 billion, although this was below the estimate of $1.07 billion. The Global Technology and Operations segment's revenues were $459.5 million, exceeding the estimate of $441.5 million and rising 12.8% year over year [3]. - Adjusted operating income rose 36% year over year to $251.2 million, with an adjusted operating income margin of 15.8%, up 280 basis points year over year [4]. Cash Flow and Capital Expenditures - The company generated $42.3 million in cash from operating activities, with capital expenditures of $15.2 million during the quarter. It also paid out $103.1 million in dividends [5]. Future Guidance - For fiscal 2025, Broadridge expects recurring revenue growth of 5-7% and adjusted EPS growth of 8-12%. The adjusted operating income margin is projected to be around 20-21% [6].