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Equifax: Q1 Earnings Snapshot

Equifax: Q1 Earnings Snapshot

By AP News
Published - Apr 17, 2024, 04:21 PM ET
Last Updated - Apr 17, 2024, 04:22 PM EDT

ATLANTA (AP) — ATLANTA (AP) — Equifax Inc. (EFX) on Wednesday reported first-quarter earnings of $124.9 million.

On a per-share basis, the Atlanta-based company said it had net income of $1. Earnings, adjusted for one-time gains and costs, were $1.50 per share.

The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The credit reporting company posted revenue of $1.39 billion in the period, which missed Street forecasts. Fourteen analysts surveyed by Zacks expected $1.4 billion.

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