Equifax (EFX) is scheduled to report second-quarter 2024 results on Jul 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%. Q2 Expectations The Zacks Consensus Estimate for the top line is pegged at $1.4 billion, suggesting a 7.9% rise from the yearago quarter's actual. Revenues are likely to have benefitted from an improved segmental performance. The cons ...

Over the last 30 days, there has been an upward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Analysts ...

Core Viewpoint - Equifax has demonstrated a consistent ability to beat earnings estimates, with a positive earnings surprise history contributing to bullish analyst sentiment regarding its future earnings prospects [4][5][6]. Group 1: Earnings Performance - For the last reported quarter, Equifax achieved earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $1.44 per share, resulting in a surprise of 4.17% [1]. - In the previous quarter, Equifax was expected to post earnings of $1.74 per share but delivered $1.81 per share, yielding a surprise of 4.02% [1]. - The average surprise for the last two quarters was 4.09%, indicating a strong trend in beating earnings estimates [4]. Group 2: Analyst Sentiment - Equifax currently has an Earnings ESP of +0.66%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [6]. - The positive Earnings ESP, combined with a Zacks Rank of 3 (Hold), indicates a potential for another earnings beat in the upcoming report [6]. - Estimates for Equifax have been trending higher, reflecting the company's history of earnings surprises [5]. Group 3: Investment Considerations - Investors are encouraged to check a company's Earnings ESP prior to quarterly releases to enhance the likelihood of successful investment decisions [7]. - Equifax is positioned well within the Zacks Financial Transaction Services industry, making it a stock to consider for those looking for companies with a solid history of beating earnings estimates [8].

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Another notable valuation metric for FI is its P/B ratio of 2.96. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, EFX has a P/B of 6.47 ...

Core Viewpoint - The upcoming earnings report for Equifax is critical, with expectations for earnings per share (EPS) of $1.72, reflecting a year-over-year increase of 0.6%, and revenues projected at $1.42 billion, a 7.8% increase from the previous year [2][6][13]. Earnings Expectations - Equifax is anticipated to report quarterly earnings of $1.72 per share, which is a slight increase from the previous year [2]. - The consensus estimate for the quarter has been revised 0.07% higher over the last 30 days, indicating a slight positive adjustment by analysts [15]. - The Most Accurate Estimate for Equifax is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.04%, suggesting a bearish outlook from analysts [24]. Historical Performance - In the last four quarters, Equifax has beaten consensus EPS estimates three times, indicating a history of positive surprises [26]. - The previous quarter saw Equifax report earnings of $1.50 per share against an expectation of $1.44, resulting in a surprise of 4.17% [11]. Analyst Insights - Analysts emphasize that the direction of estimate revisions may not always reflect in the aggregate change, and a positive or negative Earnings ESP reading can indicate potential deviations from consensus estimates [3][8]. - The Zacks Earnings ESP model shows that a positive Earnings ESP combined with a strong Zacks Rank significantly increases the likelihood of an earnings beat, with a success rate of nearly 70% [23]. Market Sentiment - The stock's movement may not solely depend on the earnings report; other factors can influence investor sentiment and stock performance [4][10]. - Equifax currently holds a Zacks Rank of 3, indicating a neutral outlook [18].

i E 1 Tom Werner Earnings History Introduction Equifax (NYSE: EF'X) is about to report Q2 earnings on the 17th of July, so I wanted to see what analysts are expecting and give some comments on the company's outlook and what I would like to see in these numbers. According to my updated valuation, the company is still too expensive for me to start a position, and may be for a while, as market participants keep the company on the more expensive side due to momentum, optimism of the future, or a variety of othe ...

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TORONTO, June 18, 2024 (GLOBE NEWSWIRE) -- According to the latest data from Equifax® Canada's Market Pulse Q1 2024 Business Credit Trends Report, new installment loan originations surged by 74 per cent year-over-year in the second half of 2023. Businesses that raced to meet the Canada Emergency Business Account (CEBA) forgiveness deadline of January 18th, 2024 could potentially be driving this higher-thanseasonal demand. Industrial trades (credit accounts between businesses and suppliers) have seen a signi ...

Equifax® Canada's Market Pulse Q1 2024 Business Credit Trends "While it may feel like CEBA is moving into the rear-view mirror, it's truly a matter of businesses turning to new installment loans to secure their financial stability," said Jeff Brown, Head of Commercial Solutions for Equifax Canada. "Many businesses were focused on the forgiveness deadline and paying back debt to take advantage of this timeline. The increased reliance on these loans has also contributed to a notable rise in delinquencies, par ...

Core Insights - Consumer debt in Canada reached $2.46 trillion at the end of Q1 2024, a 3.5% increase from the previous year, indicating rising financial strain among consumers [2] - Mortgage delinquency rates are climbing in high-priced housing markets like Ontario and British Columbia, with severe delinquency in Ontario exceeding $1 billion for the first time, double the pre-pandemic level [5][6] - The housing market in Alberta showed resilience with a 10.6% increase in new mortgage originations compared to Q1 2023, attributed to high interprovincial migration [4] Consumer Behavior - Consumers are adapting their credit decisions due to financial stress, with many extending mortgage lengths to reduce payments despite longer loan commitments [3] - There has been a nearly 19% increase in the number of credit score checks by consumers compared to the same period last year, indicating a shift towards more proactive financial management [3] - Lender switching has become more common, with 25.8% of consumers choosing different providers in late 2023, up from 21.7% in 2022 [16] Delinquency Trends - Over 1.26 million consumers missed at least one payment in Q1 2024, marking a 12.2% increase from Q1 2023, with Ontario, British Columbia, and Quebec experiencing above-average jumps in missed payments [11] - Delinquency rates for credit cards and other non-mortgage debts are rising, with credit card full-payment rates dropping from 65.6% in 2023 to 64.5% in Q1 2024 [7] - The average loan value for new mortgages reached $321.7K, a 3.1% increase year-over-year, despite a decrease in new mortgage originations [9] Regional Analysis - Ontario's average debt in Q1 2024 was $21,869, with a 2.51% year-over-year increase and a delinquency rate of 1.40%, reflecting a 28.18% rise from the previous year [14] - Alberta's average debt was $24,157, showing a slight decrease of 0.69% year-over-year, with a delinquency rate of 1.70% [14] - Major cities like Toronto and Vancouver have seen delinquency rates rise above pre-pandemic levels, with Toronto's mortgage delinquencies increasing from 0.09% to 0.14% since Q1 2020 [10]