Broadridge Financial Solutions Inc. Q4 adjusted earnings Inline With Estimates

(RTTNews) - Broadridge Financial Solutions Inc. (BR) reported earnings for its fourth quarter that increased from last year.

The company's profit totaled $260.4 million, or $2.20 per share. This compares with $229.7 million, or $1.97 per share, in last year's fourth quarter.

Excluding items, Broadridge Financial Solutions Inc. reported adjusted earnings of $258.2 million or $2.19 per share for the period.

Analysts had expected the company to earn $2.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.5% to $1.53 billion from $1.36 billion last year.

Broadridge Financial Solutions Inc. earnings at a glance:

-Earnings (Q4): $258.2 Mln. vs. $251.2 Mln. last year. -EPS (Q4): $2.19 vs. $2.15 last year. -Analysts Estimate: $2.19 -Revenue (Q4): $1.53 Bln vs. $1.36 Bln last year.