Broadridge Financial Solutions Inc
BR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|T% | LOCK|#K | LOCK|>$MGSJ |
Broadridge Earnings: Mixed Fiscal Third Quarter, Guidance Tweaked but Our Thesis Holds
Broadridge saw fiscal third-quarter recurring fee revenue growth, revenue growth, and adjusted EPS growth of 7%, 5%, and 9% respectively. With one quarter left to fiscal 2025, Broadridge mostly reaffirmed its outlook but lowered its closed sales outlook by 13% to $270 million at the midpoint.
