Broadridge’s Q4 Earnings Surpass Estimates, Rise Y/Y

Broadridge Financial Solutions, Inc. (NYSE: BR) reported mixed fourth-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings of $3.5 per share beat the Zacks Consensus Estimate by 0.6% and increased 9% from the year-ago quarter. Total revenues of $1.94 billion missed the consensus mark by 1% but were up 6% year over year.Recurring revenues of $1.3 billion increased 5% year over year on a reported, as well as a constant currency basis.The company’s shares have gained 25.5% over the past year compared with the 5.9% rally of the industry it belongs to and the 15% growth of the Zacks S&P 500 Composite.Broadridge Financial Solutions, Inc. Price, Consensus and EPS SurpriseBroadridge Financial Solutions, Inc. price-consensus-eps-surprise-chart | Broadridge Financial Solutions, Inc. QuoteOther Key …Full story available on Benzinga.com