Wall Street analysts forecast that Equifax (EFX) will report quarterly earnings of $1.84 per share in its upcoming release, pointing to a year-over-year increase of 4.6%. It is anticipated that revenues will amount to $1.44 billion, exhibiting an increase of 9.5% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed thei ...

TORONTO, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Equifax Canada has announced the appointment of Ramon Yarde as Chief Data Officer (CDO) as part of Equifax Canada's commitment to market-leading data, analytics and unparalleled insights for Canadian consumers and businesses. Yarde has served as interim CDO since February 2024. A trusted leader at Equifax Canada since 2006, he has held several leadership roles during his tenure, including oversight of the Project Management Office, and the Data Engineering and Data ...

Equifax Inc. (EFX) is benefiting from the growing top-line momentum, which is expected to continue throughout the coming years. Acquisitions play a vital role in supplementing the company's core business. Seasonality and low liquidity weigh on Equifax's performance. EFX reported impressive second-quarter 2024 results. Adjusted earnings (excluding 51 cents from nonrecurring items) were $1.82 per share, outpacing the Zacks Consensus Estimate by 5.8% and increasing 6.4% on a year-over-year basis. Total revenue ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 10th: Tencent (TCEHY) This internet service portal company which provides value-added Internet, mobile and telecom services and online advertising, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days. Tencent's shares gained 14.3% over the last three month compared with the S&P 500's gain of 3.7%. The comp ...

Company's Expanded Partnership with Google Cloud Provides Real-time Access to Anonymized Data Insights for Faster Innovation ATLANTA, Oct. 9, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) has expanded its partnership with Google Cloud to securely deliver anonymized, differentiated data assets on the Google Cloud Analytics Hub, a data exchange backed by the power of BigQuery, Google Cloud's unified data platform, designed to enable efficient and secure data sharing across organizations. Equifax is committed to m ...

ATLANTA, Oct. 2, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) will announce its financial results for the third quarter ended September 30, 2024, in a release to be issued on October 16, after the market closes. Equifax will host a conference call at 8:30 a.m. Eastern Time (ET) on October 17, in which senior management will discuss financial and business results for the quarter. Related presentation materials will be published on investor.equifax.com on October 17 at 6:30 a.m. ET. Conference Call: US/Canada: 8 ...

– Automotive Fraud Driven by ID Theft and Falsified Credit Applications a Significant Area of Concern for Businesses and Consumers – TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Equifax Canada reports that while application fraud is down in some areas, automotive lenders are seeing a surge in fraud. According to new data from Equifax Canada, automotive fraud is up by 54 per cent year-over-year and is largely driven by falsified credit applications and the continued prevalence in identity theft. Ontario has e ...

Collaborative Network Leverages Equifax Commercial Data and Credit Card Transaction Data from Leading Data Providers to Create More Complete Financial Picture of Small Businesses ATLANTA, Sept. 18, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the increased confidence they need to extend capital in a ...

- Economic Uncertainty and Recent Natural Disasters Could Further Impact Credit Performance for Businesses - Equifax Canada Market Pulse — Q2 2024 Quarterly Business Credit Trends Report TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Equifax Canada's Q2 Business Credit Trends Report reveals an uptick in businesses missing credit payments. According to the data, over 56,000 businesses missed at least one financial trade in Q2 2024, up 10.2 per cent from the same period in 2023. At a trade level, the 60+ day (vo ...

alexandre17/iStock via Getty Images I upgraded Equifax (NYSE:EFX) from "Buy' to 'Strong Buy' in my previous coverage published in April 2024, anticipating a modernization of the mortgage business, as well as strong growth momentum in the non-mortgage business. The company delivered 8% organic revenue growth with a 13% growth in non-mortegege businesses in Q2 FY24. It is impressive for the company to deliver 4% growth in US mortgage revenue despite a 13% decline in mortgage credit inquiries. I anticipate the ...