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Apex Trader Funding (ATF) - News

Broadridge Stock Up 21% in a Year: What Should You Know?

Broadridge (NYSE: BR) had an impressive run over the past year. In the same time frame, the stock has gained 20.9% compared with the 10% rally of the industry it belongs to. BR's revenues for 2024 and 2025 are anticipated to increase 7.7% and 5.5%, respectively, on a year-over-year basis.Its earnings for 2024 and 2025 are expected to grow 10.1% and 8.7%, respectively, year over year. Reasons for the Upside Broadridge's earnings surpassed the Zacks Consensus Estimate in the past three quarters and met in one, delivering an average earnings surprise of 6%. The company offers SaaS-based BPO services, leveraging networks, data, and digital capabilities to reduce the cost of its clients. A strong business model, coupled with substantial recurring revenue streams,  provides good visibility to the company on its organic revenues in the near- ...