Equifax (EFX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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].