Loading...
•
Mar 31, 2025
Broadridge Q3 2025 Earnings Report
Broadridge reported solid Q3 results with increases in revenue, net income, and EPS compared to the prior year period.
Key Takeaways
Broadridge delivered strong performance in Q3 2025, with growth in recurring revenues, net income, and adjusted EPS, while maintaining its full-year guidance amid market uncertainties.
Recurring revenue increased to $1,203,900,000, a 7% rise from Q3 2024.
Adjusted EPS grew to $2.44, showing continued profitability.
Net income rose 14% year-over-year to $243,100,000.
Broadridge reaffirmed FY25 guidance, despite lowering closed sales expectations.
Forward Guidance
Broadridge reaffirmed its fiscal 2025 outlook, expecting steady recurring revenue and EPS growth while adjusting closed sales expectations downward.
Positive Outlook
- 6–8% recurring revenue growth expected (constant currency).
- Adjusted EPS growth expected in the 8–12% range.
- Operating margin target remains at ~20% (non-GAAP).
- Strong free cash flow outlook supports strategic initiatives.
- Business fundamentals remain resilient in volatile conditions.
Challenges Ahead
- Closed sales guidance lowered to $240M–$300M from $290M–$330M.
- Event-driven revenues declined sharply due to reduced proxy contests.
- Effective tax rate increased due to fewer discrete tax benefits.
- Restructuring charges related to facility closure impacted earnings.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...