Equifax Q2 Revenue Rises 10.6% to $1.7B, Guides Q3 EPS $2.15-$2.25
EFX is trading near its 52-week low of $150.745 (11% above the low).
Summary
Equifax reported Q2 revenue of $1.70 billion, up 10.6% year-over-year, with adjusted EPS of $2.25. GAAP net income fell slightly to $183.9 million from $191.3 million a year ago. The company issued Q3 EPS guidance of $2.15 to $2.25 on revenue of $1.68 billion to $1.71 billion, and full-year EPS of $8.39 to $8.69. This follows the earlier release of full-year revenue guidance of $6.71 billion to $6.78 billion, which was in line with expectations. The Q3 outlook and detailed quarterly results provide new granularity for traders assessing near-term performance.
At the time of this announcement, EFX was trading at $167.60 on NYSE in the Finance sector, with a market capitalization of approximately $21.4B. The 52-week trading range was $150.75 to $271.84. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.