For the quarter ended March 2024, Equifax (EFX - Free Report) reported revenue of $1.39 billion, up 6.7% over the same period last year. EPS came in at $1.50, compared to $1.43 in the year-ago quarter.
The reported revenue represents a surprise of -0.95% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.44, the EPS surprise was +4.17%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Equifax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating revenue- Asia Pacific: $78.20 million compared to the $85.09 million average estimate based on 13 analysts. The reported number represents a change of -13% year over year.
- Operating revenue- Latin America: $91.10 million compared to the $91.19 million average estimate based on 13 analysts. The reported number represents a change of +64.7% year over year.
- Operating revenue- Europe: $86.20 million compared to the $82.39 million average estimate based on 13 analysts. The reported number represents a change of +13.9% year over year.
- Operating revenue- Canada: $65.80 million versus the 13-analyst average estimate of $65.95 million. The reported number represents a year-over-year change of +4.3%.
- Revenue- U.S. Information Solutions: $465.30 million versus $459.81 million estimated by 14 analysts on average. Compared to the year-ago quarter, this number represents a +10.3% change.
- Revenue- Total International: $321.30 million versus the 14-analyst average estimate of $325.16 million. The reported number represents a year-over-year change of +13.1%.
- Revenue- Workforce Solutions: $602.80 million versus the 14-analyst average estimate of $612.34 million. The reported number represents a year-over-year change of +1.1%.
- Revenue- U.S. Information Solutions- Financial Marketing Services: $47.10 million compared to the $49.75 million average estimate based on 13 analysts. The reported number represents a change of -0.6% year over year.
- Revenue- U.S. Information Solutions- Mortgage Solutions: $38 million versus $34.53 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a +14.1% change.
- Revenue- Workforce Solutions- Employer Services: $126.30 million versus $137 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a -10.1% change.
- Revenue- Workforce Solutions- Verification Services: $476.50 million versus $474.76 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.
- Revenue- U.S. Information Solutions- Online Information Solutions: $380.20 million versus the 13-analyst average estimate of $376.52 million. The reported number represents a year-over-year change of +11.5%.
View all Key Company Metrics for Equifax here>>>Shares of Equifax have returned -8.2% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended March 2024, Equifax (EFX - Free Report) reported revenue of $1.39 billion, up 6.7% over the same period last year. EPS came in at $1.50, compared to $1.43 in the year-ago quarter.
The reported revenue represents a surprise of -0.95% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.44, the EPS surprise was +4.17%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Equifax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Operating revenue- Asia Pacific: $78.20 million compared to the $85.09 million average estimate based on 13 analysts. The reported number represents a change of -13% year over year.
- Operating revenue- Latin America: $91.10 million compared to the $91.19 million average estimate based on 13 analysts. The reported number represents a change of +64.7% year over year.
- Operating revenue- Europe: $86.20 million compared to the $82.39 million average estimate based on 13 analysts. The reported number represents a change of +13.9% year over year.
- Operating revenue- Canada: $65.80 million versus the 13-analyst average estimate of $65.95 million. The reported number represents a year-over-year change of +4.3%.
- Revenue- U.S. Information Solutions: $465.30 million versus $459.81 million estimated by 14 analysts on average. Compared to the year-ago quarter, this number represents a +10.3% change.
- Revenue- Total International: $321.30 million versus the 14-analyst average estimate of $325.16 million. The reported number represents a year-over-year change of +13.1%.
- Revenue- Workforce Solutions: $602.80 million versus the 14-analyst average estimate of $612.34 million. The reported number represents a year-over-year change of +1.1%.
- Revenue- U.S. Information Solutions- Financial Marketing Services: $47.10 million compared to the $49.75 million average estimate based on 13 analysts. The reported number represents a change of -0.6% year over year.
- Revenue- U.S. Information Solutions- Mortgage Solutions: $38 million versus $34.53 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a +14.1% change.
- Revenue- Workforce Solutions- Employer Services: $126.30 million versus $137 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a -10.1% change.
- Revenue- Workforce Solutions- Verification Services: $476.50 million versus $474.76 million estimated by 13 analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.
- Revenue- U.S. Information Solutions- Online Information Solutions: $380.20 million versus the 13-analyst average estimate of $376.52 million. The reported number represents a year-over-year change of +11.5%.
View all Key Company Metrics for Equifax here>>>Shares of Equifax have returned -8.2% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Zacks Investment Research has released a Special Report to help you pursue massive profits from the world’s first and largest decentralized form of money.
No guarantees for the future, but in the past three presidential election years, Bitcoin’s returns were as follows: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%.
Zacks predicts another significant surge. Click below for Bitcoin: A Tumultuous Yet Resilient History.
Download Now – Today It’s FREE >>
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