06:02 AM EDT, 04/18/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Equifax's ( EFX ) shares slumped 9.1% in premarket activity on Thursday after the company's Q1 sales missed guidance, and its forecast for the full year also lagged market expectations.

The company reported Q1 adjusted earnings late Wednesday of $1.50 per diluted share, up from $1.43 a year earlier.

Analysts polled by Capital IQ expected $1.43.

Revenue in the quarter ended March 31 rose to $1.39 billion from $1.3 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.4 billion.

The company expects Q2 adjusted earnings of $1.65 to $1.75 per diluted share on revenue of $1.41 billion to $1.43 billion. Analysts surveyed by Capital IQ expect EPS of $1.87 on revenue of $1.44 billion.

The company expects 2024 adjusted earnings of $7.20 to $7.50 per diluted share on revenue of $5.67 billion to $5.77 billion. Analysts surveyed by Capital IQ expect EPS of $7.63 on revenue of $5.79 billion.