Broadridge Targets Recurring Revenue Growth Of 7%-9% and Adjusted EPS Growth Of 8%-12% For 2024-2026
Portfolio Pulse from Benzinga Newsdesk
Broadridge Financial Solutions, Inc. (BR) has set targets for recurring revenue growth of 7%-9% and adjusted EPS growth of 8%-12% for the fiscal years 2024-2026. This guidance reflects the company's confidence in its business model and strategic initiatives aimed at driving sustainable long-term growth.
December 07, 2023 | 12:13 pm
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Broadridge Financial Solutions, Inc. (BR) projects a steady increase in recurring revenue and adjusted EPS for FY2024-2026, indicating a positive outlook for the company's financial performance.
The company's guidance for increased recurring revenue and adjusted EPS growth is a strong indicator of its future financial health and operational efficiency. This positive outlook is likely to be well-received by investors, potentially leading to a short-term increase in the stock price as market sentiment around the company's growth prospects improves.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100