Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Broadridge Financial Solutions, Inc. (BR) - free report >>
Synaptics Incorporated (SYNA) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Broadridge Financial Solutions, Inc. (BR) - free report >>
Synaptics Incorporated (SYNA) - free report >>
Image: Bigstock
Is a Beat in the Cards for Broadridge (BR) in Q1 Earnings?
Broadridge Financial Solutions, Inc. (BR - Free Report) is set to report first-quarter fiscal 2022 results on Nov 3, 2021.
The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in two of the trailing four quarters, matching the same in the other two, delivering an earnings surprise of 15.2%, on average.
Broadridge Financial Solutions, Inc. Price and EPS Surprise
Broadridge Financial Solutions, Inc. price-eps-surprise | Broadridge Financial Solutions, Inc. Quote
Q1 Expectations
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $1.14 billion, which indicates a 12.1% increase from the year-ago quarter’s reported figure. Expected growth is likely to have been driven by internal growth, new businesses, increased equity contests, capital markets and other communications, higher volume of customer communications, and impact of acquisitions.
The Zacks Consensus Estimate for net revenues in the Global Technology and Operations segment is pegged at $357 million, which indicates year-over-year increase of 20.6%. The consensus estimate for net revenues at Investor Communication Solutions is pegged at $808 million, which suggests year-over-year increase of 7.3%.
The bottom line in the to-be-reported quarter is likely to have benefited from operating strength. The consensus mark for earnings is pegged at $1.02 per share, which suggests year-over-year increase of 4.1%.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Broadridge this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Broadridge has an Earnings ESP of -0.59% and a Zacks Rank #3.
Stocks That Warrant a Look
Here are a few stocks that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this season:
Fox Corporation (FOXA - Free Report) has an Earnings ESP of +6.18% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Synaptics Incorporated (SYNA - Free Report) has an Earnings ESP of +0.38% and a Zacks Rank #2.
Paylocity Holding Corporation (PCTY - Free Report) has an Earnings ESP of +8.48% and a Zacks Rank #3.