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Equifax Results Beat in Q4 as Core Workforce Solutions Business Shines -Breaking

by Mike Robinson

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© Reuters. Equifax Earnings, Revenue Beat in Q4

By Yasin Ebrahim

Investing.com – Equifax (NYSE 🙂 announced Wednesday that the fourth quarter beat analyst’s forecasts. This was due to Equifax’s workforce solutions, strong growth in non-mortgage businesses and its International business.

Following the publication, Equifax shares rose by 1.36% after hours trade.

Equifax posted earnings per share (EPS) of $1.84 on $1.3B of revenue. Investing.com polled analyst to predict EPS of $1.81 based on $1.25B revenue.

Looking forward to Q1, EPS was estimated to range between $2.08 & $2.18 on revenue from $1.32 Billion to $1.34 Billion, similar to estimates for EPS for $2.11 billion but greater than those for $1.29Billion.

The adjusted EPS ranged from $8.50-8.80 for revenue between $5.25 and $5.35 billion in fiscal 2022. Comparable to estimates for an EPS of $8.80 based on $5.34 billion in revenue

Mark W. Begor is the Chief Executive Officer of Equifax. “Our fastest-growing company Workforce Solutions once again drove our results. We grew 29% alongside strong growth contributions by USIS nonmortgage or International revenue,” he said.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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