Shares of financial technology provider Broadridge (NYSE:BR) jumped 6.2% in the afternoon session after the company reported strong fourth-quarter financial results that surpassed Wall Street's expectations and announced a dividend increase. The fintech firm posted adjusted earnings of $3.55 per share on revenue of $2.07 billion, which both topped analyst estimates. Strong demand for its investor communication services and global technology businesses fueled this performance. Broadridge also rewarded its shareholders, declaring an 11% increase in its annual dividend. This marked the nineteenth consecutive year the company raised its payout. To complete the positive news, the company issued an optimistic outlook for fiscal year 2026.
Stocks slipped Tuesday as fresh economic data reignited stagflation fears on Wall Street, overshadowing a blowout quarter from Palantir Technologies Inc.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Financial technology provider Broadridge (NYSE:BR) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 6.2% year on year to $2.07 billion. The company expects next quarter’s revenue to be around $1.51 billion, close to analysts’ estimates. Its non-GAAP profit of $3.55 per share was 1.5% above analysts’ consensus estimates.
The stocks featured in this article have all approached their 52-week highs.
When these price levels hit, it typically signals strong business execution, positive market sentiment, or significant industry tailwinds.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations.
However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the data & business process services industry, including Broadridge (NYSE:BR) and its peers.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Financial technology provider Broadridge (NYSE:BR) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 4.9% year on year to $1.81 billion. Its non-GAAP profit of $2.44 per share was 1.1% above analysts’ consensus estimates.
The S&P 500 (^GSPC) is full of established businesses, but only some continue to outperform the market.
A few standout companies are thriving thanks to strong fundamentals and sustained competitive advantages.
Stay updated with the movements of the S&P500 index in the middle of the day on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Financial technology provider Broadridge (NYSE:BR) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 4.9% year on year to $1.81 billion. Its non-GAAP profit of $2.44 per share was 1.2% above analysts’ consensus estimates.
