Broadridge (NYSE: BR) reported Q4 EPS of $1.40, $0.02 better than the analyst estimate of $1.38. Revenue for the quarter came in at $930 million versus the consensus estimate of $929.38 million.

In addition, on August 6, 2015, the Board also authorized the repurchase of up to an additional 5.3 million shares of Broadridge common stock. The share repurchases will be made in the open market or privately negotiated transactions in compliance with applicable legal requirements and other factors. With this authorization, the Company currently has approximately 10.0 million shares available for repurchase under its share repurchase program.

Fiscal Year 2016 Financial Guidance

The Company anticipates:

• Recurring fee revenue growth in the range of 10% to 12% and total revenue growth in the range of 8% to 10%
• Adjusted Operating income margin of ~18.4%
• Effective tax rate of ~34.8%
• Adjusted Diluted earnings per share growth in the range of 8% to 12%
• Free cash flows in the range of $350 million to $400 million
• Recurring revenue closed sales in the range of $120 million to $160 million

For earnings history and earnings-related data on Broadridge (BR) click here.