What To Expect From Broadridge Financial Solutions, Inc. ($BR) 1Q21 Earnings

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Broadridge Financial Solutions, Inc. (NYSE:BR) is expected to report first quarter earnings results, before market open, on Friday 30th October 2020.

Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.63 per share from revenue of $ 971.21 million.

Looking ahead, the full year income are expected at $ 5.48 per share on the revenues of $ 4668.53 million.

The Company Outlook

Full Year 2021 topline are forecasted in a range of$ 4,529.00 million ~ $ 4,710.00 million, where as bottomline are predicted in a range of $ 5.23 ~ $ 5.53 per share

Click Here For More Historical Outlooks Of Broadridge Financial Solutions, Inc.

Previous Quarter Performance

Broadridge Financial Solutions, Inc. unfold income for the fourth quarter of $ 2.15 per share, from the revenue of $ 1,362.00 million. The quarterly earnings increased 25.00 percent while revenues developed 12.45 percent compared with the same quarter last year.
According to street consensus, BR was expected to report 4Q20 income of $ 2.09 per share from revenue of $ 1318.80 million. The bottom line results beat street analysts by $ 0.06 or 2.87 percent, at the same time, top line results outshined analysts by $ 43.20 million or 3.28 percent.

Stock Performance

Shares of Broadridge Financial Solutions, Inc. traded up $ 2.64 or 1.95 percent on Thursday, reaching $ 138.12 with volume of 548.70 thousand shares. Broadridge Financial Solutions, Inc. has traded high as $ 139.45 and has cracked $ 134.84 on the downward trend

According to the previous trading day, closing price of $ 138.12, representing a 65.42 % increase from the 52 week low of $ 81.90 and a 7.23 % decrease over the 52 week high of $ 146.04.

The company has a market capital of $ 15.95 billion and is part of the Industrials sector and Business Services industry.

Recent Stock Dividend Announcement

On August 10, 2020, the board of directors authorized quarterly dividend of $ 0.575 per share to holders of record as of the close of business on September 15, 2020, with payment date of October 5, 2020 and ex-dividend date on September 14, 2020.

Conference Call

Broadridge Financial Solutions, Inc. will be hosting a conference call at 8:30 AM eastern time on 30th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.broadridge.com

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. The companys Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and offers ProxyEdge, an electronic proxy delivery and voting solution.