Overview

* Broadridge Q4 revenue grows 6% to $2.065 bln, beating analyst expectations

* Adjusted EPS for Q4 rises 1% to $3.55, beating analyst expectations, per LSEG data

* Co raises annual dividend 11% to $3.90 per share, 19th consecutive increase

Outlook

* Broadridge expects 5-7% recurring revenue growth constant currency for FY 2026

* Company anticipates 8-12% adjusted EPS growth for FY 2026

* Broadridge projects closed sales of $290-330 mln for FY 2026

Result Drivers

* RECURRING REVENUE - Driven by net new business and internal growth, recurring revenues grew 7%

* EVENT-DRIVEN REVENUE - Increased 12% due to higher volume of mutual fund communications

* DISTRIBUTION REVENUE - Rose 3% due to postage rate increases, despite lower mail volumes

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Meet $2.06 $2.06

Revenue bln bln (7

Analysts

)

Q4 Beat $3.55 $3.5 (8

Adjusted Analysts

EPS )

Q4 EPS $3.16

Q4 Net $374.20

Income mln

Q4 $558 mln

Adjusted

Operatin

g Income

Q4 $1.42

Annual bln

Recurrin

g

Revenue

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the professional information services peer group is "buy"

* Wall Street's median 12-month price target for Broadridge Financial Solutions Inc ( BR ) is $257.00, about 3.3% above its August 4 closing price of $248.46

* The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)