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Update: Equifax Q3 Adjusted Earnings, Revenue Rise; Guidance Issued; Shares Drop Premarket
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Update: Equifax Q3 Adjusted Earnings, Revenue Rise; Guidance Issued; Shares Drop Premarket
Oct 17, 2024 2:12 PM

04:59 AM EDT, 10/17/2024 (MT Newswires) -- (Updates with the stock move in the headline and the last paragraph.)

Equifax ( EFX ) reported Q3 adjusted earnings late Wednesday of $1.85 per diluted share, up from $1.76 a year earlier.

Analysts polled by Capital IQ expected $1.83.

Revenue in the quarter ended Sept. 30 rose to $1.44 billion from $1.32 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.45 billion.

The company expects Q4 adjusted earnings of $2.08 to $2.18 per share on revenue of $1.44 billion to $1.46 billion. Analysts surveyed by Capital IQ expect EPS of $2.20 on revenue of $1.47 billion.

The company expects 2024 adjusted earnings of $7.25 to $7.35 per share on revenue of $5.70 billion to $5.72 billion. Analysts surveyed by Capital IQ expect EPS of $7.36 on revenue of $5.74 billion.

Shares fell more than 4% in premarket activity Thursday.

Price: 276.55, Change: -13.41, Percent Change: -4.62

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