Broadridge (BR) Q3 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 30, 2026 astatine 12:32 PM CDT 43 min read

Image source: The Motley Fool.

DATE

Thursday, April 30, 2026 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Timothy C. Gokey

• Chief Financial Officer — Ashima Ghei

Full Conference Call Transcript

Timothy Gokey: Thank you, Edings, and bully morning. Broadridge delivered beardown 3rd 4th fiscal results. And we're connected way to present a beardown fiscal 2026. The marketplace backdrop remains positive. Equity markets person been resilient successful the look of geopolitical uncertainty. And superior markets stay active, driving beardown presumption growth, higher trading volumes and elevated event-driven activity, each of which are benefiting Broadridge. At the aforesaid time, we've ever been focused connected driving dependable and sustainable maturation by aligning our concern with the semipermanent trends that are shaping the fiscal services industry. And truthful I'm pleased to study they're besides squarely connected way to present connected our 3-year fiscal targets for the 5th consecutive cycle.

Looking ahead, we're already investing successful the adjacent question of manufacture innovation. Broadridge is transforming shareholder engagement, starring successful tokenization, driving digitization and scaling our AI capabilities. And we're utilizing our beardown escaped currency travel to instrumentality superior to shareholders adjacent arsenic we marque tuck-in acquisitions that fortify and widen our worth proposition. The bottommost enactment is that Broadridge is good positioned to thrust dependable and sustainable maturation for a agelong clip to come. As we adjacent retired fiscal 2026, we're delivering beardown results today, including double-digit net growth, and we're putting successful spot the gathering blocks for semipermanent maturation time and beyond. To spot however each this plays out, let's spell to the headlines connected Slide 3.

First, Broadridge delivered beardown 3rd 4th results, including 6% recurring gross maturation changeless currency and 11% adjusted EPS growth. Second, our maturation is being driven by the execution of our strategy to democratize and digitize governance, simplify and innovate superior markets and modernize wealthiness management. Third, arsenic I conscionable said, we are taking progressive steps to code aboriginal maturation opportunities by starring successful tokenization, driving the digitization of communications and scaling AI. Fourth, we are leveraging our beardown escaped currency travel to marque maturation accretive acquisitions similar Acolin and CQG portion returning superior to shareholders with stock buybacks astatine charismatic levels, arsenic Ashima volition interaction on.

Fifth and last, based connected our beardown performance, we are raising our fiscal '26 guidance for recurring gross and adjusted EPS maturation to astatine oregon supra 7% for recurring gross maturation changeless currency and 10% to 12% for adjusted EPS. These results show the powerfulness of our strategy and proven quality to execute. So let's crook to Slide 4 to look astatine the cardinal drivers of that execution, starting with our governance business. Governance recurring revenues roseate 8% changeless currency, driven by caller income and continued maturation successful capitalist participation. Investor information trends remained precise beardown with full equity presumption maturation astatine 15% and equity gross presumption maturation of 11%.