Broadridge Reports Third Quarter Fiscal Year 2021 Results Raising Guidance for FY21 Revenue and Adjusted EPS Growth Recurring Revenue Grew 8% Diluted EPS was $1.40 and Adjusted EPS Increased 5% to $1.76
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NEW YORK, May 4, 2021 /PRNewswire/ Broadridge Financial Solutions, Inc. (NYSE: BR) today reported financial results for the third quarter and nine months ended March 31, 2021 of its fiscal year 2021. Results compared with the same period last year were as follows:
Summary Financial Results
2021
GAAP
(2)% Broadridge delivered strong third quarter results, including 8% recurring revenue growth and 8% Adjusted Operating income growth, said Tim Gokey, Broadridge s Chief Executive Officer.
Broadridge Financial Solutions Inc. Q3 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - Broadridge Financial Solutions Inc. (BR) reported earnings for third quarter that decreased from last year.
The company s earnings came in at $165.0 million, or $1.40 per share. This compares with $166.8 million, or $1.43 per share, in last year s third quarter.
Excluding items, Broadridge Financial Solutions Inc. reported adjusted earnings of $208.1 million or $1.76 per share for the period.
Analysts had expected the company to earn $1.68 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 11.2% to $1.39 billion from $1.25 billion last year.
Operator
Good morning, and welcome to the Broadridge Third Quarter 2021 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Edings Thibault, Head of Investor Relations. Please go ahead.
W. Edings Thibault
Investor Relations
Thank you, Andrea. Good morning, everybody, and welcome to Broadridge s Third Quarter Fiscal Year 2021 Earnings Conference Call. Our earnings release and the slides that accompany this call may be found on the Investor Relations section of broadridge.com. Joining me on the call today are Tim Gokey, our Chief Executive Officer; and our Chief Financial Officer, Edmund Reese. Before I turn the call over to Tim, a few standard reminders. We will be making forward-looking statements on today s call regarding Broadridge that involve risks. A summary of these risks can be found on the second and third page of the slides and a more complete description on our annual report on F
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From the Retail Trading Frenzy to Growing ESG Trends, What Will be in Proxy Season 2021?
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Broadridge Logo. (PRNewsFoto/Broadridge Financial Solutions)
NEW YORK, May 3, 2021 /PRNewswire/ The recent rise and influence of the individual investor has rippled across financial markets over the past 12 months, presenting companies with a unique opportunity to engage new investors like never before. A new survey from Broadridge Financial Solutions (NYSE: BR), the global Fintech leader, highlights how new and younger retail investors are thinking about investing and this year’s proxy season.