Broadridge Financial Solutions Reiterated FY24 Recurring Revenue Growth Constant Currency 6%-9% Vs $6.53B Est, Adj EPS Growth 8%-12% Vs $7.64 Est
Portfolio Pulse from Benzinga Newsdesk
Broadridge Financial Solutions has reiterated its FY24 financial guidance, maintaining its recurring revenue growth constant currency at 6%-9% and adjusted EPS growth at 8%-12%. The estimates are in line with the market expectations of $6.53B and $7.64 respectively.

November 02, 2023 | 11:49 am
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Broadridge Financial Solutions has reiterated its FY24 financial guidance, which is in line with market expectations. This could potentially stabilize the company's stock price in the short term.
Broadridge Financial Solutions has reiterated its FY24 financial guidance, which is in line with market expectations. This reiteration could potentially stabilize the company's stock price in the short term as it indicates that the company is on track to meet its financial targets. However, as this is a reiteration and not a revision, it may not have a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100