Broadridge (BR) Tops Q2 EPS by 23c, raises guidance

Broadridge (NYSE: BR) reported Q2 EPS of $1.59, $0.23 better than the analyst estimate of $1.36. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.61 billion.

Guidance:

\"We are increasing our Adjusted EPS growth guidance to 9–12% and reaffirming our outlook for Recurring revenue growth constant currency at the higher end of 5–7%, continued margin expansion, and Closed sales of $290–$330 million,\" Mr. Gokey concluded.

For earnings history and earnings-related data on Broadridge (BR) click here.

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