Broadridge (BR) Q3 Earnings Meet Estimates, Revenues Miss

Broadridge Financial Solutions, Inc.’s (BR) third-quarter fiscal 2024 earnings met the Zacks Consensus Estimate, while revenues missed the same.BR’s adjusted earnings (adjusting 44 cents from non-recurring items) of $2.2 per share increased 8.8% from the year-ago quarter. Total revenues of $1.7 billion missed the consensus mark by 1.8% and were up 4.9% year over year.Recurring revenues of $1.1 billion increased 4% year over year on a reported and constant-currency basis.The stock of the company has gained 3 ...