Equifax Gears up to Report Q3 Earnings: What's in the Offing?

Core Viewpoint - Equifax (EFX) is expected to report strong third-quarter 2024 results, with positive growth in revenues and earnings per share anticipated, driven by improved segment performance and strong pricing environment [1][3][5]. Revenue Expectations - The Zacks Consensus Estimate for Equifax's total revenue is $1.4 billion, reflecting a 9.5% increase from the same quarter last year [3]. - International revenues are projected to rise by 25.4% to $366.4 million, supported by growth in Europe and Latin America [4]. - U.S. Information Solutions (USIS) revenues are expected to reach $459.4 million, indicating a 7.8% year-over-year increase [5]. Earnings Expectations - The consensus estimate for earnings per share is $1.8, suggesting a 4.6% increase year-over-year [3]. - Adjusted EBITDA for USIS and International segments is anticipated to grow by 7.2% and 24.2%, reaching $156.3 million and $102.9 million, respectively [6]. Segment Performance - Revenues from Workforce Solutions are likely to grow by 7.1% year-over-year, estimated at $618.1 million [5]. - Adjusted EBITDA for Workforce Solutions is expected to be $318.3 million, up 8.4% from the previous year, driven by strong non-mortgage verifier revenue growth [6]. Earnings Prediction - The model predicts an earnings beat for Equifax, supported by a positive Earnings ESP of +1.56% and a Zacks Rank of 2 (Buy) [7].