Description
Broadridge Financial Solutions, Inc. managed to surpass the revenue expectations as well as the earnings expectations of Wall Street, marked by an 8% surge in recurring revenue, entirely organic. Growth was evident across governance, capital markets, and wealth sectors. The adjusted EPS saw a remarkable 30% increase, propelled by robust recurring revenue expansion, event-driven fee timing, and sustained expense discipline. Despite a slower conclusion to the previous fiscal year, closed sales escalated by $19 million to reach a significant $48 million in the first quarter. Broadridge’s strategic execution aimed at democratizing investing, simplifying and innovating trading, and modernizing wealth management is evident in the flourishing sales of Government Solutions, the stellar performance of BTCS, and a burgeoning pipeline in the Wealth Management segment. They further introduced the NYFIX Fill Matching platform, a novel offering that complements Broadridge’s post-trade NYFIX Matching product.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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