Broadridge Financial Solutions Inc.Common Stock ($BR) Stock Forecast: Up 5.8% Today

What is Broadridge Financial Solutions Inc.Common Stock?

Broadridge Financial Solutions Inc (NYSE: BR) is a leading provider of investor communications and technology-driven solutions to banks, broker-dealers, asset managers, and corporate issuers globally.

Why is Broadridge Financial Solutions Inc.Common Stock going up?

BR stock is up 5.8% on Aug 6, 2024 19:38

• Broadridge Financial Solutions (BR) reported fourth-quarter FY24 results with revenue growth of 6% year-over-year to $1.94 billion, despite missing the consensus estimate.
• The company's recurring revenues increased by 5% to $1.33 billion, showcasing steady growth in its core business segments.
• Despite the revenue miss, the market reacted positively to Broadridge's Q4 earnings as the company met earnings per share estimates, indicating strong operational efficiency and cost management.
• Broadridge's announcement of a 10% dividend boost and providing a positive outlook for FY25 also contributed to the bullish movement in its stock price, instilling confidence among investors in the company's future prospects.

BR Price Chart

BR News

Why Is Broadridge Financial Solutions Stock Trading Higher Today? - Broadridge Financial Soln ( NYSE:BR )

Broadridge Financial Solutions Inc BR shares are trading higher after it reported fourth-quarter FY24 results. The company reported revenue growth of 6% Y/Y to $1.94 billion, missing the consensus of $1.96 billion. Recurring revenues increased 5% to $1.33 billion, and Distribution revenues rose ...

https://www.benzinga.com/markets/equities/24/08/40196271/why-is-broadridge-financial-solutions-stock-trading-higher-today

Broadridge's ( BR ) Q4 Earnings Surpass Estimates, Rise Y/Y

Broadridge's (BR) fourth-quarter fiscal 2024 revenues decrease year over year.

https://www.zacks.com/stock/news/2317230/broadridges-br-q4-earnings-surpass-estimates-rise-yy

BR Stock Earnings: Broadridge Financial Soln Meets EPS, Misses Revenue for Q4 2024

Broadridge Financial Soln (NYSE: BR ) just reported results for the fourth quarter of 2024. Broadridge Financial Soln reported earnings per share of $3.50. This met the analyst estimate for EPS of $3.50. The company reported revenue of $1.94 billion. This was 0.82% worse than the analyst estimate for revenue of $1.96 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace Legendary Investor Predicts: “Forget AI… THIS Technology Is the Future” The post BR Stock Earnings: Broadridge Financial Soln Meets EPS, Misses Revenue for Q4 2024 appeared first on InvestorPlace .

https://investorplace.com/earning-results/2024/08/br-stock-earnings-broadridge-financial-soln-for-q4-of-2024/

ROUNDUP: Broadridge Financial Provides FY25 Outlook; Boosts Dividend 10%

WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Tuesday, Broadridge Financial Solutions, Inc. (BR) provided its adjusted earnings growth and recurring revenue gr…

https://www.finanznachrichten.de/nachrichten-2024-08/62924127-roundup-broadridge-financial-provides-fy25-outlook-boosts-dividend-10-020.htm

Broadridge Financial Solutions Q4 Earnings: EPS of $2.72, Revenue Surpasses Estimates at $1. ...

Broadridge Financial Solutions Q4 Earnings: EPS of $2.72, Revenue Surpasses Estimates at $1.944 Billion

https://www.gurufocus.com/news/2493677/broadridge-financial-solutions-q4-earnings-eps-of-272-revenue-surpasses-estimates-at-1944-billion

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Broadridge Financial Solutions Inc.Common Stock Price History

02.10.2023 - BR Stock was up 5.3%

• Broadridge Financial Solutions Inc. reported a strong bullish movement in the market today.
• The company's Q1 profit increased from the same period last year and beat Street estimates.
• Broadridge Financial Solutions reported better-than-expected Q1 results, with non-GAAP EPS beating estimates.
• The company has regained its growth and stability, as mentioned in an investor letter from Ensemble Capital Management.
• Possible reasons for the market movement:
• The strong Q1 results and beating estimates could have boosted investor confidence in the company.
• The company's ability to regain growth and stability, as mentioned in the investor letter, could have positively impacted the market movement.
• Overall positive sentiment towards the financial industry and the company's technology solutions could have contributed to the bullish movement.

08.04.2024 - BR Stock was down 5.7%

• Broadridge Financial Solutions Inc. (BR) disclosed third-quarter 2024 earnings per share and revenue figures that fell below analyst projections, prompting a negative response from the market.
• The company's revenue increased by 5% to $1.726 billion, missing the anticipated $1.767 billion, indicating a potential slowdown in financial performance.
• While there were some positive aspects such as growth in recurring revenues and adjusted EPS, the overall results did not meet market expectations, resulting in a bearish investor reaction.
• The market's behavior could be linked to disappointment over the company's financial performance for the quarter, emphasizing the importance of meeting or surpassing analyst estimates to uphold investor trust.

08.04.2024 - BR Stock was down 5.0%

• BR reported a 4% growth in recurring revenues and an increase in diluted EPS to $1.79 for the fiscal third quarter. Despite these positive financial results, the stock saw bearish movement, potentially linked to profit-taking.
• The company received a "buy" rating from an analyst site, indicating favorable sentiment. However, this upgrade may not have counteracted broader market trends that led to the bearish movement.
• It is possible that expectations of increased earnings and revenues for the third quarter were already factored into the stock price, resulting in a sell-off post-earnings report. Investors might have sought stronger growth metrics to support the current valuation.

08.07.2023 - BR Stock was up 5.3%

• The bullish movement in the stock of Broadridge Financial Solutions Inc. (BR) today can be attributed to the following factors:
• 1. Strong Q4 Earnings: Broadridge Financial Solutions reported an increase in profit for the fourth quarter, beating Street estimates. This positive earnings result likely contributed to the bullish movement in the stock.
• 2. Positive Outlook: The company also provided a positive outlook for future growth, which may have boosted investor confidence and led to the bullish market movement.
• 3. Beat in Non-GAAP EPS: Broadridge Financial Solutions surpassed expectations with its non-GAAP earnings per share, beating estimates by $0.11. This positive surprise in earnings could have attracted investors and driven the stock price higher.
• 4. Missed Revenue Expectations: Despite the bullish movement, it's worth noting that Broadridge Financial Solutions missed revenue expectations by $40 million. This could have tempered the overall market reaction to some extent.
• Overall, the strong earnings performance and positive outlook of Broadridge Financial Solutions likely contributed to the bullish movement in its stock today, despite the slight miss in revenue expectations.

06.07.2024 - BR Stock was up 5.1%

• Broadridge Financial Solutions Inc. (BR) experienced a strong bullish movement today following the release of its Q4 earnings report.
• The company reported a profit that beat Street estimates, with bottom line figures exceeding expectations.
• Strong financial performance for FY2024, including revenue growth, EPS increase, and a significant jump in closed sales, contributed to the positive market sentiment.
• The positive outlook for fiscal year 2025 and market expectations of increased earnings and revenues further fueled investor confidence in BR, driving the bullish movement in the stock price.

06.07.2024 - BR Stock was up 5.4%

• Fourth-quarter FY24 results for Broadridge Financial Solutions showed a revenue growth of 6% year-over-year, reaching $1.94 billion, surpassing expectations and demonstrating positive performance.
• The company's Q4 earnings outperformed expectations, with an EPS of $2.72 and revenue exceeding estimates at $1.944 billion, indicating strong financial health and market confidence.
• Broadridge Financial Solutions offered a positive outlook for FY25 and raised its dividend by 10%, demonstrating growth potential and shareholder-friendly actions that contributed to the stock's bullish movement.
• Market sentiment towards Broadridge appears optimistic, backed by robust financial results, a favorable outlook, and strategic acquisitions, piquing investor interest and driving the stock higher.

06.07.2024 - BR Stock was up 5.8%

• Broadridge Financial Solutions (BR) reported fourth-quarter FY24 results with revenue growth of 6% year-over-year to $1.94 billion, despite missing the consensus estimate.
• The company's recurring revenues increased by 5% to $1.33 billion, showcasing steady growth in its core business segments.
• Despite the revenue miss, the market reacted positively to Broadridge's Q4 earnings as the company met earnings per share estimates, indicating strong operational efficiency and cost management.
• Broadridge's announcement of a 10% dividend boost and providing a positive outlook for FY25 also contributed to the bullish movement in its stock price, instilling confidence among investors in the company's future prospects.