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Equifax: Q3 Earnings Snapshot

Equifax: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Equifax Inc. (EFX) on Wednesday reported third-quarter net income of $162.2 million.

On a per-share basis, the Atlanta-based company said it had profit of $1.31. Earnings, adjusted for one-time gains and costs, came to $1.76 per share.

The results did not meet Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The credit reporting company posted revenue of $1.32 billion in the period, which also did not meet Street forecasts. Fourteen analysts surveyed by Zacks expected $1.33 billion.