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Broadridge Financial Solutions, Inc. (BR), headquartered in Lake Success, New York, provides investor communications and technology-driven solutions for the financial services industry. Valued at $25.9 billion by market cap, the company offers a broad range of solutions that help clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade, and post-trade processing. The global Fintech leader is expected to announce its fiscal first-quarter earnings for 2025 on Thursday, Nov. 7.
Ahead of the event, analysts expect BR to report a profit of $1 per share on a diluted basis, down 8.3% from $1.09 per share in the year-ago quarter. The company has consistently beat or matched Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect BR to report EPS of $8.51, up 10.1% from $7.73 in fiscal 2024. Its EPS is expected to rise 10.1% year over year to $9.37 in fiscal 2026.
BR stock has underperformed the S&P 500’s ($SPX) 38.6% gains over the past 52 weeks, with shares up 26.3% during this period. Similarly, it underperformed the Technology Select Sector SPDR Fund’s (XLK) 41.5% gains over the same time frame.
On Aug. 6, BR shares closed up more than 4% after reporting its Q4 results. Its adjusted EPS of $3.50 topped Wall Street expectations of $3.48. The company’s revenue was $1.9 billion, missing Wall Street forecasts of $2 billion. It expects full-year adjusted EPS growth of 8% to 12%.
Analysts’ consensus opinion on BR stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of seven analysts covering the stock, one advises a “Strong Buy” rating, two suggest a “Moderate Buy” rating, and four give a “Hold.” BR’s average analyst price target is $221.83, indicating a potential upside of 1.4% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
