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Stay Ahead of the Game With Equifax (EFX) Q3 Earnings: Wall Street's Insights on Key Metrics
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Analysts on Wall Street project that Equifax (EFX - Free Report) will announce quarterly earnings of $2.20 per share in its forthcoming report, representing an increase of 7.8% year over year. Revenues are projected to reach $1.69 billion, increasing 9.6% from the same quarter last year.
Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Equifax metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Operating revenue- Workforce Solutions' at $703.66 million. The estimate indicates a change of +8.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Operating revenue- U.S. Information Solutions- Online Information Solutions' should arrive at $535.08 million. The estimate indicates a change of +14.5% from the prior-year quarter.
The consensus estimate for 'Operating revenue- U.S. Information Solutions- Financial Marketing Services' stands at $64.41 million. The estimate points to a change of +2.7% from the year-ago quarter.
It is projected by analysts that the 'Operating revenue- Workforce Solutions- Employer Services' will reach $97.60 million. The estimate points to a change of +1.9% from the year-ago quarter.
The consensus among analysts is that 'Operating revenue- Workforce Solutions- Verification Services' will reach $607.99 million. The estimate points to a change of +9.8% from the year-ago quarter.
Analysts predict that the 'Operating revenue- Total International' will reach $388.19 million. The estimate suggests a change of +6.3% year over year.
The combined assessment of analysts suggests that 'Operating revenue- U.S. Information Solutions' will likely reach $600.58 million. The estimate indicates a year-over-year change of +13.3%.
Analysts' assessment points toward 'Operating revenue- Latin America' reaching $109.56 million. The estimate suggests a change of +7.3% year over year.
According to the collective judgment of analysts, 'Operating revenue- Canada' should come in at $72.80 million. The estimate indicates a change of +2.8% from the prior-year quarter.
Analysts forecast 'Operating revenue- Europe' to reach $105.99 million. The estimate points to a change of +3.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Operating revenue- Asia Pacific' of $99.49 million. The estimate indicates a year-over-year change of +10.4%.
Analysts expect 'Adjusted EBITDA- U.S. Information Solutions' to come in at $201.98 million. The estimate is in contrast to the year-ago figure of $186.60 million.
Shares of Equifax have demonstrated returns of -8.2% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #4 (Sell), EFX is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Stay Ahead of the Game With Equifax (EFX) Q3 Earnings: Wall Street's Insights on Key Metrics
Analysts on Wall Street project that Equifax (EFX - Free Report) will announce quarterly earnings of $2.20 per share in its forthcoming report, representing an increase of 7.8% year over year. Revenues are projected to reach $1.69 billion, increasing 9.6% from the same quarter last year.
Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Equifax metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Operating revenue- Workforce Solutions' at $703.66 million. The estimate indicates a change of +8.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Operating revenue- U.S. Information Solutions- Online Information Solutions' should arrive at $535.08 million. The estimate indicates a change of +14.5% from the prior-year quarter.
The consensus estimate for 'Operating revenue- U.S. Information Solutions- Financial Marketing Services' stands at $64.41 million. The estimate points to a change of +2.7% from the year-ago quarter.
It is projected by analysts that the 'Operating revenue- Workforce Solutions- Employer Services' will reach $97.60 million. The estimate points to a change of +1.9% from the year-ago quarter.
The consensus among analysts is that 'Operating revenue- Workforce Solutions- Verification Services' will reach $607.99 million. The estimate points to a change of +9.8% from the year-ago quarter.
Analysts predict that the 'Operating revenue- Total International' will reach $388.19 million. The estimate suggests a change of +6.3% year over year.
The combined assessment of analysts suggests that 'Operating revenue- U.S. Information Solutions' will likely reach $600.58 million. The estimate indicates a year-over-year change of +13.3%.
Analysts' assessment points toward 'Operating revenue- Latin America' reaching $109.56 million. The estimate suggests a change of +7.3% year over year.
According to the collective judgment of analysts, 'Operating revenue- Canada' should come in at $72.80 million. The estimate indicates a change of +2.8% from the prior-year quarter.
Analysts forecast 'Operating revenue- Europe' to reach $105.99 million. The estimate points to a change of +3.6% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Operating revenue- Asia Pacific' of $99.49 million. The estimate indicates a year-over-year change of +10.4%.
Analysts expect 'Adjusted EBITDA- U.S. Information Solutions' to come in at $201.98 million. The estimate is in contrast to the year-ago figure of $186.60 million.
View all Key Company Metrics for Equifax here>>>Shares of Equifax have demonstrated returns of -8.2% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #4 (Sell), EFX is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .