Equifax(EFX)
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Equifax (EFX) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-17 22:25
Over the last four quarters, the company has surpassed consensus EPS estimates three times. Equifax shares have added about 7% since the beginning of the year versus the S&P 500's gain of 18.8%. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate ...
Equifax(EFX) - 2024 Q2 - Quarterly Results
2024-07-17 20:11
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 Strong Second Quarter 2024 Revenue Growth of 9% Led by Workforce Solutions NonMortgage Verification Services ® ATLANTA, July 17, 2024 -- Equifax (NYSE: EFX) today announced financial results for the quarter ended June 30, 2024. • Second quarter 2024 revenue of $1.430 billion grew a strong 9%, wit ...
Equifax Delivers Strong Second Quarter 2024 Revenue Growth of 9% Led by Workforce Solutions Non-Mortgage Verification Services
Prnewswire· 2024-07-17 20:09
Second quarter 2024 revenue of $1.430 billion grew a strong 9%, with 13% non-mortgage local currency revenue growth. U.S. mortgage revenue grew 4% in the second quarter despite a 13% decline in USIS mortgage credit inquiries. Workforce Solutions second quarter revenue grew 5%, with 12% non-mortgage revenue growth from 20% Verification Services non-mortgage revenue growth led by Government and Talent Solutions. Mortgage revenue was down 12%. USIS second quarter revenue growth of 7% with 27% mortgage revenue ...
Equifax (EFX) to Report Q2 Earnings: What's in the Offing?
ZACKS· 2024-07-12 14:56
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 ...
Unveiling Equifax (EFX) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-07-12 14:20
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 ...
Will Equifax (EFX) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-11 17:16
For the last reported quarter, Equifax came out with earnings of $1.50 per share versus the Zacks Consensus Estimate of $1.44 per share, representing a surprise of 4.17%. For the previous quarter, the company was expected to post earnings of $1.74 per share and it actually produced earnings of $1.81 per share, delivering a surprise of 4.02%. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. ...
FI vs. EFX: Which Stock Is the Better Value Option?
ZACKS· 2024-07-11 16:40
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 ...
Equifax (EFX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-10 15:06
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 17. On the other hand, if they miss, the stock may move lower. This credit reporting company is expected to post quarterly earnings of $1.72 per share in its upcoming report, which represents a year-over-year change of +0.6%. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggreg ...
Equifax Earnings Preview: Growth Numbers Do Not Support Its Price
Seeking Alpha· 2024-07-09 20:01
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 ...
Equifax Introduces Secondary Education Diploma Verification Solution for Employers
Prnewswire· 2024-06-20 11:45
By automating and improving access to data that is often hard to verify, Talent Report High School provides instant access to available high school diploma data. It can streamline the verification process for employers by using a single, centralized data source to enable them to hire applicants faster and to provide a unified ordering experience. ABOUT EQUIFAX INC. New Talent Report™ Solution Helps Speed Up High School Diploma Verification for Employers and Screeners Talent Report High School is powered by ...