We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
EFX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missing in one, the average being 3.2%.
The Zacks Consensus Estimate for Equifax’s top line is pegged at $1.4 billion, indicating a 9.5% rise from the year-ago quarter’s actual. An improved segmental performance is expected to have benefitted the top line.
The consensus estimate for earnings per share is pegged at $1.8, suggesting a 4.6% increase on a year-over-year basis. A strong margin performance is anticipated to have driven the bottom line.
Segment Level Expectations for EFX
Our estimate for total International revenues is anticipated to increase 25.4% from the year-ago quarter’s actual to $366.4 million. Continued growth in revenues in Europe and Latin America is expected to have driven international revenues.
Our expectation for third-quarter 2024 revenues from U.S. Information Solutions (“USIS”) is pegged at $459.4 million, implying a 7.8% rise from the year-ago quarter’s reported number. A strong pricing environment, coupled with the strength of EFX’s pre-qual products, is anticipated to have driven this segment’s revenues.
Revenues from Workforce Solutions are likely to grow 7.1% year over year. Our estimate is pegged at $618.1 million.
Adjusted EBITDA for the USIS and International segments are expected to witness year-over-year growth of 7.2% and 24.2% to $156.3 million and $102.9 million, respectively. The metric is anticipated to have been driven by strong revenue growth. The adjusted EBITDA for Workplace Solutions is likely to be $318.3 million, up 8.4% from the year-ago quarter’s actual. We expect this segment’s adjusted EBITDA to have been driven by strong non-mortgage verifier revenue growth and efficient cost execution.
What Our Model Says About EFX
Our proven model predicts an earnings beat for Equifax. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
EFX has an Earnings ESP of +1.56% and a Zacks Rank #2 at present.
Other Stocks to Consider
Here are a few other stocks from the broader Business Services sector, which, according to our model, also have the right combination of elements to beat on earnings this season.
Booz Allen Hamilton (BAH - Free Report) : The Zacks Consensus Estimate for the company’s second-quarter fiscal 2025 revenues is pegged at $3 billion, implying a 10.9% increase from the year-ago quarter’s reported figure. For earnings, the consensus mark is pegged at $1.5 per share, suggesting a 14.7% rise from the year-ago quarter’s actual. The company beat the consensus estimate in two of the past four quarters and missed in two instances, with an average surprise of 5.8%.
BAH currently has an Earnings ESP of +0.17% and a Zacks Rank of 2. The company is scheduled to declare its second-quarter fiscal 2025 results on Oct. 25. You can see the complete list of today’s Zacks #1 Rank stocks here.
Fiserv (FI - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2024 revenues is pegged at $4.9 billion, indicating a year-over-year 6.3% rise. For earnings, the consensus mark is pegged at $2.3 per share, suggesting a 14.8% rise from the year-ago quarter’s reported figure. The company beat the consensus estimate in the past four quarters, with an average surprise of 2.8%.
FI currently carries an Earnings ESP of +0.12% and a Zacks Rank of 2. The company is scheduled to declare its third-quarter 2024 results on Oct. 22.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Equifax Gears up to Report Q3 Earnings: What's in the Offing?
Equifax (EFX - Free Report) is scheduled to report third-quarter 2024 results on Oct.16, after market close.
See Zacks Earnings Calendar to stay ahead of market-making news.
EFX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missing in one, the average being 3.2%.
Equifax, Inc. Price and EPS Surprise
Equifax, Inc. price-eps-surprise | Equifax, Inc. Quote
EFX’s Q3 Expectations
The Zacks Consensus Estimate for Equifax’s top line is pegged at $1.4 billion, indicating a 9.5% rise from the year-ago quarter’s actual. An improved segmental performance is expected to have benefitted the top line.
The consensus estimate for earnings per share is pegged at $1.8, suggesting a 4.6% increase on a year-over-year basis. A strong margin performance is anticipated to have driven the bottom line.
Segment Level Expectations for EFX
Our estimate for total International revenues is anticipated to increase 25.4% from the year-ago quarter’s actual to $366.4 million. Continued growth in revenues in Europe and Latin America is expected to have driven international revenues.
Our expectation for third-quarter 2024 revenues from U.S. Information Solutions (“USIS”) is pegged at $459.4 million, implying a 7.8% rise from the year-ago quarter’s reported number. A strong pricing environment, coupled with the strength of EFX’s pre-qual products, is anticipated to have driven this segment’s revenues.
Revenues from Workforce Solutions are likely to grow 7.1% year over year. Our estimate is pegged at $618.1 million.
Adjusted EBITDA for the USIS and International segments are expected to witness year-over-year growth of 7.2% and 24.2% to $156.3 million and $102.9 million, respectively. The metric is anticipated to have been driven by strong revenue growth. The adjusted EBITDA for Workplace Solutions is likely to be $318.3 million, up 8.4% from the year-ago quarter’s actual. We expect this segment’s adjusted EBITDA to have been driven by strong non-mortgage verifier revenue growth and efficient cost execution.
What Our Model Says About EFX
Our proven model predicts an earnings beat for Equifax. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
EFX has an Earnings ESP of +1.56% and a Zacks Rank #2 at present.
Other Stocks to Consider
Here are a few other stocks from the broader Business Services sector, which, according to our model, also have the right combination of elements to beat on earnings this season.
Booz Allen Hamilton (BAH - Free Report) : The Zacks Consensus Estimate for the company’s second-quarter fiscal 2025 revenues is pegged at $3 billion, implying a 10.9% increase from the year-ago quarter’s reported figure. For earnings, the consensus mark is pegged at $1.5 per share, suggesting a 14.7% rise from the year-ago quarter’s actual. The company beat the consensus estimate in two of the past four quarters and missed in two instances, with an average surprise of 5.8%.
BAH currently has an Earnings ESP of +0.17% and a Zacks Rank of 2. The company is scheduled to declare its second-quarter fiscal 2025 results on Oct. 25. You can see the complete list of today’s Zacks #1 Rank stocks here.
Fiserv (FI - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2024 revenues is pegged at $4.9 billion, indicating a year-over-year 6.3% rise. For earnings, the consensus mark is pegged at $2.3 per share, suggesting a 14.8% rise from the year-ago quarter’s reported figure. The company beat the consensus estimate in the past four quarters, with an average surprise of 2.8%.
FI currently carries an Earnings ESP of +0.12% and a Zacks Rank of 2. The company is scheduled to declare its third-quarter 2024 results on Oct. 22.