Broadridge Financial Solutions Inc
BR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^F | LOCK|VY | LOCK|YsV#<< |
Broadridge Earnings: Mixed First Quarter; Maintaining Our $290 Fair Value Estimate
In its seasonally soft first fiscal quarter, Broadridge reported 5% organic recurring fee growth with global technology and operations, or GTO, holding steady at 6% amid high trade volume. Investor communications solutions, or ICS, growth decelerated slightly. This resulted in a muted reaction.
