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Aditya Sarawgi

Broadridge Financial Solutions Earnings Preview: What to Expect

Broadridge BR Broadridge Financial

Lake Success, New York-based Broadridge Financial Solutions, Inc. (BR) provides investor communications and technology-driven solutions for the financial services industry. With a market cap of $26.7 billion, Broadridge operates through Investor Communication Solutions (ICS), Global Technology and Operations (GTO), and other segments.

The financial IT services provider is gearing up to announce its first-quarter results before the market opens on Tuesday, Nov. 4. Ahead of the event, analysts expect BR to report a non-GAAP profit of $1.19 per share, up a staggering 19% from $1 per share reported in the year-ago quarter. Furthermore, the company has matched or surpassed analysts’ earnings expectations in each of the past four quarters.

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