As you might know, Broadridge Financial Solutions, Inc. (NYSE:BR) just kicked off its latest third-quarter results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by 2.6% to hit US$2.0b. Statutory earnings per share (EPS) came in at US$2.36, some 6.0% above whatthe analysts had expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Broadridge Financial Solutions after the latest results.

Following the latest results, Broadridge Financial Solutions' nine analysts are now forecasting revenues of US$7.74b in 2027. This would be a satisfactory 5.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to dip 5.9% to US$8.95 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$7.70b and earnings per share (EPS) of US$8.92 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

With no major changes to earnings forecasts, the consensus price target fell 8.7% to US$224, suggesting that the analysts might have previously been hoping for an earnings upgrade. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Broadridge Financial Solutions at US$255 per share, while the most bearish prices it at US$179. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Broadridge Financial Solutions' revenue growth is expected to slow, with the forecast 4.5% annualised growth rate until the end of 2027 being well below the historical 7.5% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.6% annually. Factoring in the forecast slowdown in growth, it seems obvious that Broadridge Financial Solutions is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Broadridge Financial Solutions' revenue is expected to perform worse than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

With that in mind, we wouldn't be too quick to come to a conclusion on Broadridge Financial Solutions. Long-term earnings power is much more important than next year's profits. We have forecasts for Broadridge Financial Solutions going out to 2028, and you can see them free on our platform here.

Even so, be aware that Broadridge Financial Solutions is showing 1 warning sign in our investment analysis , you should know about...

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.