Broadridge Financial Solutions, Inc. Common Stock (BR)
242.34
0.00 (0.00%)
Broadridge Financial Solutions is a leading provider of technology and operations solutions for the financial services industry
The company specializes in providing services such as investor communications, securities processing, and regulatory compliance, catering primarily to banks, broker-dealers, and asset management firms. By leveraging advanced technology and innovative software, Broadridge streamlines complex processes and enhances efficiency for its clients, enabling them to focus on their core business functions while ensuring compliance with regulatory requirements. Through its comprehensive suite of services, Broadridge plays a crucial role in supporting the infrastructure of global capital markets.
Broadridge Financial Solutions Inc (NYSEBR) posted a strong Q2 FY25 with sales growth of 13.1% to $1.589 billion, surpassing estimates. Recurring revenues rose 9%, and event-driven revenues surged 126%.
Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth Group Inc., Costco Wholesale Corp., and International Business Machines Corp., as well as a micro-cap stock Smith-Midland Corp.
In recent weeks, three excellent dividend stocks raised their dividends, signaling that their financials are still strong, even in this period of volatility.
Broadridge Financial Solutions shares rise after reporting 4th quarter FY24 results with revenue growth of 6% Y/Y, recurring revenues up 5%, and adjusted EPS in line with consensus.
BR stock results show that Broadridge Financial Soln met analyst estimates for earnings per share but missed on revenue for the fourth quarter of 2024.
Wednesday witnessed a tempering of the bullish sentiment that had buoyed Wall Street in recent sessions, with major indices showing slight declines around midday trading in New York.
