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Stock impact report

Equifax stock rises as company yanks guidance, tops consensus earnings estimates [MarketWatch]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Company Research Source: MarketWatch
Equifax Inc. shares rose 4.1% in the extended session Monday after the company reported earnings that topped consensus estimates. The company reported first-quarter net income of $112.6 million, or 92 cents a share, compared with a net loss of $555.9 million, or $4.57 a share, in the year-ago period. Adjusted for items such as costs related to the 2017 data breach and amortization, among other items, earnings were $1.40 a share versus $1.20 a year ago. Revenue rose to $957.9 million from $846.1 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.29 a share on revenue of $911.7 million. For the first quarter, analysts model adjusted earnings of $1.26 a share on sales of $863.1 million. Equifax said that it was pulling its full-year guidance due to the economic impact of the COVID-19 pandemic. The company said it would discuss the impact of the coronavirus on its revenue, among other things in the company's earnings call at 8:00 a.m. Easter Show less Read more
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