Equifax(EFX)
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2 Stocks Sliding Despite Upbeat Earnings
Schaeffers Research· 2024-04-18 19:04
Earnings season has officially begun, and there's plenty of corporate reports to unpack. Today, Las Vegas Sands Corp (NYSE:LVS) and Equifax Inc (NYSE:EFX) announced their results, and both stocks turned sharply lower in response. Las Vegas Sands reported better-than-expected first-quarter earnings and revenue, but seven analysts still lowered their price targets. The casino's Macau business is undergoing renovations, and investors were not impressed with the numbers. At last glance, LVS was down 9% at $45.7 ...
Equifax (EFX) Q1 Earnings Surpass Estimates, Revenues Miss
Zacks Investment Research· 2024-04-18 17:10
Equifax Inc. (EFX) reported mixed first-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.EFX’s adjusted earnings (excluding 50 cents from non-recurring items) were $1.5 per share, beating the Zacks Consensus Estimate by 4.2% and increasing 4.9% from the year-ago quarter. Total revenues of $1.4 billion missed the consensus estimate by a slight margin but increased 6.7% from the year-ago quarter.Segmental InformationRevenues in the Workforce Solutions ...
Why Equifax Stock Is Falling Today
The Motley Fool· 2024-04-18 15:30
The company is tempering expectations for the quarters to come.Credit rating service Equifax (EFX -4.88%) is feeling the brunt of "higher for longer," warning that if rates remain high its results are likely to suffer. Investors are cashing out, sending shares down 10% as of 11 a.m. ET.Credit demand is under pressureEquifax is a financial data analytics company best known as one of the primary providers of consumer credit scores. Yesterday, it reported its financial results for the first quarter of 2024. Th ...
Equifax(EFX) - 2024 Q1 - Earnings Call Presentation
2024-04-18 13:30
Non-GAAP Disclosure Statement Accelerate Innovation and New Products Housing ✓ TWN records up 10%, 172M active… 670M total Strong 20% INTL growth led by Europe and Brazil ~85% of new models and scores built in 1Q using AI / ML Note: This slide contains forward-looking information, including 2Q24 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whet ...
Here's What Key Metrics Tell Us About Equifax (EFX) Q1 Earnings
Zacks Investment Research· 2024-04-17 23:01
For the quarter ended March 2024, Equifax (EFX) reported revenue of $1.39 billion, up 6.7% over the same period last year. EPS came in at $1.50, compared to $1.43 in the year-ago quarter.The reported revenue represents a surprise of -0.95% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.44, the EPS surprise was +4.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...
Equifax(EFX) - 2024 Q1 - Quarterly Results
2024-04-17 20:20
Exhibit 99.1 1550 Peachtree Street, N.W. Atlanta, Georgia 30309 NEWS RELEASE Contact: Trevor Burns Kate Walker Investor Relations Media Relations trevor.burns@equifax.com mediainquiries@equifax.com Equifax Delivers First Quarter 2024 Revenue Growth of 7% to $1.389 Billion Amid Challenging Mortgage Market ATLANTA, April 17, 2024 -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended March 31, 2024. • First quarter 2024 revenue of $1.389 billion grew strong 7%, with 9% non-mortgage lo ...
Equifax Delivers First Quarter 2024 Revenue Growth of 7% to $1.389 Billion Amid Challenging Mortgage Market
Prnewswire· 2024-04-17 20:10
ATLANTA, April 17, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended March 31, 2024. First quarter 2024 revenue of $1.389 billion grew strong 7%, with 9% non-mortgage local currency revenue growth. U.S. mortgage revenue grew a strong 6% in the first quarter despite a 19% decline in USIS mortgage credit inquiries. Workforce Solutions first quarter revenue growth of 1%, with strong 7% non-mortgage revenue growth and Verification Services non-mortgage revenue g ...
Should You Buy Equifax (EFX) Ahead of Earnings?
Zacks Investment Research· 2024-04-16 13:36
Investors are always looking for stocks that are poised to beat at earnings season and Equifax Inc. (EFX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Equifax is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...
Equifax (EFX) to Post Q1 Earnings: What's in the Offing?
Zacks Investment Research· 2024-04-12 15:50
Equifax (EFX) is scheduled to report first-quarter 2024 results on Apr 17, after market close.EFX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missing in one, the average being 2.4%.Q1 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $1.4 billion, suggesting a 7.7% rise from the year-ago quarter’s actual. The uptick is likely to have been due to a strong segmental performance.The consensus esti ...
PAGS vs. EFX: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-08 16:46
Investors looking for stocks in the Financial Transaction Services sector might want to consider either PagSeguro Digital Ltd. (PAGS) or Equifax (EFX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positi ...