Earnings Preview for Equifax

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Equifax EFX announces its next round of earnings this Tuesday, September 8. Here is Benzinga's look at Equifax's Q3 earnings report.

Earnings and Revenue

Wall Street expects EPS of $1.40 and sales around $946.63 million. In the same quarter last year, Equifax reported earnings per share of $1.48 on sales of $895.70 million. The analyst consensus estimate would represent a 5.41% decline in the company's EPS figure. Revenue would be up 3.68% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 1.27 1.29 1.49 1.44
EPS Actual 1.60 1.40 1.53 1.48
Revenue Estimate 913.00 M 911.81 M 896.00 M 871.22 M
Revenue Actual 982.80 M 957.90 M 905.80 M 895.70 M

Stock Performance

Over the last 52-week period, shares are up 18.85%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have developed a neutral outlook on the upcoming earnings release over the past few days versus 90 days ago. The general EPS consensus estimate since that time has moved up 10.24%. Given these returns, long-term shareholders are feeling neutral going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Equifax is scheduled to hold the call at 8:30 a.m. ET and can be accessed here: https://investor.equifax.com/news-and-events/events-and-presentations

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