Broadridge Financial Solutions Inc reports results for the quarter ended March 31 - Earnings Summary

• Broadridge Financial Solutions Inc BR.N reported quarterly adjusted earnings of $2.44​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.23. The mean expectation of eight analysts for the quarter was for earnings of $2.43 per share. Wall Street expected results to range from $2.37 to $2.50 per share.

• Revenue rose 5% to $1.81 billion from a year ago; analysts expected $1.86 billion.

• Broadridge Financial Solutions Inc's reported EPS for the quarter was $2.05​.

• The company reported quarterly net income of $243.1 million.

• Broadridge Financial Solutions Inc shares had fallen by 0.0% this quarter and gained 7.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the professional information services peer group is also "hold"

• Wall Street's median 12-month price target for Broadridge Financial Solutions Inc is $237.17

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)