Broadridge Financial Solutions Inc. Second Quarter Earnings Sneak Peek

Broadridge Financial Solutions, Inc. (NYSE:BR) will unveil its latest earnings on Tuesday, February 7, 2012. Broadridge Financial Solutions is a global provider of investor communication, securities processing, and clearing and outsourcing solutions to the financial services industry.

Broadridge Financial Solutions, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 12 cents per share, a rise of 50% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $1.57 per share, a rise of 14.6% from last year.

Past Earnings Performance: Last quarter, the company reported profit of 15 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters.

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Wall St. Revenue Expectations: On average, analysts predict $498.7 million in revenue this quarter, a rise of 12.7% from the year ago quarter. Analysts are forecasting total revenue of $2.38 billion for the year, a rise of 9.7% from last year’s revenue of $2.17 billion.

Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the first quarter, profit rose 25.6% to $16.7 million (13 cents a share) from $13.3 million (10 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.2% to $476.4 million from $421 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 10.6% in the fourth quarter of the last fiscal year and 19.3% in the third quarter of the last fiscal year.

Revenue has gone up for three straight quarters. It rose 3.3% in the fourth quarter of the last fiscal year from the year earlier and 7.4% in the third quarter of the last fiscal year.

Stock Price Performance: During December 2, 2011 to February 1, 2012, the stock price had risen $2.30 (10.3%) from $22.26 to $24.56. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 24, 2011 when shares rose for eight-straight days, rising 6.6% (+$1.44) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 6.1% (-$1.43) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com