Broadridge Financial Solutions: Here’s What Investors Need to Know Before Earnings
Broadridge Financial Solutions (NYSE:BR) will report earnings before markets open on Tuesday, May 7th. Broadridge Financial Solutions Inc. provides technology-based outsourcing solutions to the financial services industry. The Company offers a broad range of solutions that help clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade, and post-trade processing.
Here is your Cheat Sheet to Broadridge Financial Solutions Earnings:
Earnings Expectations: Analysts expect earnings of $0.33 per share on revenues of $560.03 million. Currently, the company’s P/E ratio stands at 23.90.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.09 to a profit $1.1. For the current year, the average estimate is a profit of $1.78, which is worse than the estimate ninety days ago.
Here’s how Broadridge Financial Solutions has been performing on an annual basis:
|Revenue ($) in millions||2,208||2,073||2,209||2,167||2,304|
|Diluted EPS ($)||1.36||1.58||1.37||1.32||0.97|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||479.80||547.00||800.30||495.80||493.20|
|Diluted EPS ($)||0.05||0.13||0.6526||0.14||0.13|
Broadridge Financial Solutions has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)