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Earnings Preview for Broadridge Financial Soln

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Benzinga Insights
·2 min read
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On Tuesday, February 02, Broadridge Financial Soln (NYSE:BR) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Broadridge Financial Soln EPS is expected to be around $0.7, according to sell-side analysts. Sales will likely be near $1.02 billion. In the same quarter last year, Broadridge Financial Soln reported EPS of $0.53 on revenue of $968.70 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on BR

If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be up 32.08%. Sales would be up 5.3% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.63

2.09

1.72

0.72

EPS Actual

0.98

2.15

1.67

0.53

Revenue Estimate

971.21 M

1.32 B

1.25 B

995.23 M

Revenue Actual

1.02 B

1.36 B

1.25 B

968.70 M

Stock Performance

Shares of Broadridge Financial Soln were trading at $141.28 as of January 29. Over the last 52-week period, shares are up 21.22%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Broadridge Financial Soln is scheduled to hold the call at 08:30:00 ET and can be accessed here.

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