Broadridge (BR) Reports Q3: Everything You Need To Know Ahead Of Earnings

Published 6 days ago Positive
Broadridge (BR) Reports Q3: Everything You Need To Know Ahead Of Earnings
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Financial technology provider Broadridge (NYSE:BR) will be reporting earnings this Tuesday morning. Here’s what to look for.

Broadridge met analysts’ revenue expectations last quarter, reporting revenues of $2.07 billion, up 6.2% year on year. It was a mixed quarter for the company, with a narrow beat of analysts’ EPS estimates but revenue guidance for next quarter meeting analysts’ expectations.

Is Broadridge a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Broadridge’s revenue to grow 8.1% year on year to $1.54 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $1.25 per share.Broadridge Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Broadridge has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Broadridge’s peers in the data & business process services segment, some have already reported their Q3 results, giving us a hint as to what we can expect. CoStar delivered year-on-year revenue growth of 20.4%, beating analysts’ expectations by 2.4%, and TransUnion reported revenues up 7.8%, topping estimates by 3.2%. CoStar traded down 9.8% following the results while TransUnion was up 6.1%.

Read our full analysis of CoStar’s results here and TransUnion’s results here.

The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the data & business process services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. Broadridge is down 6.3% during the same time and is heading into earnings with an average analyst price target of $279.13 (compared to the current share price of $220.40).

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