earnings
confidence high
sentiment positive
materiality 0.80
Broadridge Q4 adj EPS +21% to $3.21; dividend raised 10% to $3.20 annual
BROADRIDGE FINANCIAL SOLUTIONS, INC.
2023-FY EPS reported
$5.30
revenue$6,060,900,000
- Q4 recurring revenue +7% to $1.259B (constant currency +8%); total revenue +7% to $1.839B.
- Q4 diluted EPS $2.72 (+30%); adjusted EPS $3.21 (+21%); operating margin up 490 bps to 24.7%.
- FY2023 recurring revenue +7% to $3.987B (cc +9%); total revenue +6% to $6.061B.
- Annual dividend increased 10% to $3.20 per share; quarterly $0.80 payable Oct 5, record Sep 15.
- FY2024 guidance: recurring revenue cc growth 6-9%; adjusted EPS growth 8-12%.