Broadridge Financial Solutions, Inc. (BR) reported mixed first-quarter fiscal 2023 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same.Adjusted earnings of 84 cents per share missed the consensus mark by 3.5% and were down 21.5% year over year. Total revenues of $1.3 billion beat the consensus mark by 1.7% and were up 7.6% year over year.Recurring revenues of $806 million increased 7% from the year-ago quarter’s level. The company generated closed sales of $29 million in the quarter, down 2% year over year.Shares of the company have lost 16.3% over the past year compared with the 1.1% decline of the industry it belongs to.Let’s check out the numbers in detail.Revenues by SegmentRevenues in the Investor Communication Solutions segment increased 8% from the year-ago quarter’s level to $921 million. Global Technology and Operations segment revenues came in at $363 million, up 7% from the year-ago quarter’s figure. The improvement was mainly driven by new sales and internal growth.Operating ResultsAdjusted operating income of $150 million decreased 15% year over year. Adjusted operating income margin of 11.7% decreased 310 basis points (bps) year over year.Balance Sheet and Cash FlowBroadridge exited the quarter with cash and cash equivalents of $227.1 million compared with $224.7 million at the end of the prior quarter. Long-term debt was $4.1 billion compared with $3.8 billion at the end of the previous quarter.The company used $204.5 million of cash from operating activities and capex was $5.5 million in the quarter. Broadridge paid out $75 million in dividends in the reported quarter.Broadridge Financial Solutions, Inc. Price, Consensus and EPS Surprise Broadridge Financial Solutions, Inc. price-consensus-eps-surprise-chart | Broadridge Financial Solutions, Inc. QuoteFiscal 2023 GuidanceBroadridge expects recurring revenue growth of 6-9%. Adjusted earnings per share growth are expected to be 7-11%. Adjusted operating income margin is estimated to be up by around 50 bps. Closed sales are anticipated between $270 million and $310 million.Broadridge currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performances of Some Other Service ProvidersEquifax EFX reported stellar third-quarter 2022 results, wherein both its earnings and revenues surpassed the respective Zacks Consensus Estimate.EFX’s adjusted earnings of $1.73 per share beat the Zacks Consensus Estimate by 5.5% but decreased 6.5% on a year-over-year basis. Revenues of $1.24 billion beat the consensus estimate by 2.3% and improved 1.8% year over year. Omnicom OMC also reported better-than-expected third-quarter 2022 results.OMC’s earnings of $1.77 per share beat the consensus mark by 7.9% and increased 7.3% year over year. Total revenues of $3.4 billion surpassed the consensus estimate by 3% and increased slightly year over year.The Interpublic Group of Companies IPG reported third-quarter 2022 adjusted earnings of 63 cents per share, beating the Zacks Consensus Estimate by 6.8%. The bottom line has been constant on a year-over-year basis.IPG’s net revenues of $2.3 billion beat the consensus estimate by 0.3% but declined 9.7% on a year-over-year basis. Total revenues of $2.64 billion increased 3.8% year over year. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report Omnicom Group Inc. (OMC): Free Stock Analysis Report Interpublic Group of Companies, Inc. The (IPG): Free Stock Analysis Report Equifax, Inc. (EFX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research