Broadridge Financial Solutions to Report Quarterly Earnings on Tuesday at Defense World
May 3, 2023
Trending News ☀️
Broadridge Financial Solutions ($NYSE:BR) is set to announce their quarterly earnings on Tuesday to the world. Broadridge Financial Solutions provides technology-based solutions to the financial services industry and is a leader in investor communications, securities processing, and clearing and outsourcing solutions. The company’s technology solutions enable their clients to better serve their customers, while providing improved operational effectiveness and efficiency. The company’s investor communications solutions include proxy solicitation and voting, securities registration and transfer, corporate actions, electronic document delivery and communication services.
Additionally, Broadridge’s portfolio of securities processing solutions covers the full range of trading and investment needs for their clients. Broadridge Financial Solutions is well-positioned to continue to provide innovative solutions that address their clients’ changing needs and demands. As such, the market will be watching the news of their upcoming quarterly earnings report with much anticipation.
Price History
On Monday, BROADRIDGE FINANCIAL SOLUTIONS stock opened at $144.9 and closed at $144.2, down by 0.8% from prior closing price of 145.4. The market will be closely watching to see if the company can meet its guidance for the quarter and how it plans to navigate the current market conditions. Investors are also eager to see the company’s outlook for the future, as well as any potential changes to its business model. Investors are hoping for a beat on expectations and attractive guidance that could give investors confidence in the company’s prospects in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BR. More…
| Total Revenues | Net Income | Net Margin |
| 5.83k | 532.7 | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BR. More…
| Operations | Investing | Financing |
| 456.7 | -91.6 | -353.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.05k | 6.26k | 15.18 |
Key Ratios Snapshot
Some of the financial key ratios for BR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.2% | 10.9% | 13.3% |
| FCF Margin | ROE | ROA |
| 6.5% | 26.3% | 6.0% |
Analysis
At GoodWhale, we specialize in helping investors analyze the fundamentals of potential investments. We are pleased to provide our analysis of BROADRIDGE FINANCIAL SOLUTIONS. Our Risk Rating indicates that BROADRIDGE FINANCIAL SOLUTIONS is a medium risk investment in terms of its financial and business aspects. To give you further insight, GoodWhale has detected 2 risk warnings in its balance sheet, which are non-financial in nature. To access these risk warnings, become a registered user and start exploring the information about BROADRIDGE FINANCIAL SOLUTIONS we have to offer. More…
Peers
Broadridge Financial Solutions Inc. is a provider of investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers, and corporations. Headquartered in New York, United States, Broadridge employs over 10,000 people in 18 countries.
Broadridge’s main competitors are RTS Technology Holdings Bhd, Fact Inc, and Information Services Group Inc.
– RTS Technology Holdings Bhd ($KLSE:03039)
RTS Technology Holdings Bhd has a market cap of 20.53M as of 2022, a Return on Equity of 15.84%. The company is an investment holding company. Through its subsidiaries, the Company is engaged in the provision of management services, as well as trading of electrical and electronic products.
– Fact Inc ($OTCPK:FCTI)
Fact Inc is a publicly traded company with a market capitalization of 552.17k as of 2022. The company has a return on equity of 98.84%. Fact Inc is engaged in the business of providing financial data and analytics solutions to clients in a variety of industries. The company’s products and services are used by clients to make informed decisions about investments, risk management, and other financial matters.
– Information Services Group Inc ($NASDAQ:III)
Information Services Group Inc is a publicly traded company that provides technology research and advisory services. The company has a market capitalization of 232.55 million as of 2022 and a return on equity of 19.28%. ISG was founded in 2006 and is headquartered in Stamford, Connecticut.
Summary
Broadridge Financial Solutions Inc. will be releasing its quarterly earnings on Tuesday. Investors are looking forward to seeing how Broadridge has performed over the past three months. Analysts predict a positive outlook for the company, with an expectation of increased revenue and profit margins across its portfolio. Broadridge’s diversified customer base, which includes financial institutions, banks, and other corporations, has enabled the company to remain resilient despite the current market uncertainty.
The company is also well-positioned to capitalize on any potential opportunities that may arise in the near future. Investors should expect to see a favorable balance sheet and strong cash flow, with indications of continued growth in the coming quarters.
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