- Equifax’s revenue forecast for 1Q is between $1.38 billion and $1.40 billion, which doesn’t meet the estimated $1.42 billion.
- The company’s yearly revenue forecast ranges from $5.67 billion to $5.77 billion, almost matching the estimated $5.76 billion.
- Equifax’s 4Q results showed an adjusted EPS of $1.81, higher than the previous year’s $1.52 and the estimated $1.74.
- The operating revenue for 4Q was $1.33 billion, an 11% increase year over year, and higher than the estimated $1.31 billion.
- Workforce Solutions Revenue for 4Q was $559.5 million, a 10% increase year over year, and more than the estimated $552.3 million.
- United States Information Solutions Revenue for 4Q was $427.7 million, a 5.4% increase year over year, and more than the estimated $424.2 million.
- International Information Solutions Revenue for 4Q was $339.3 million, a 20% increase year over year, and more than the estimated $338.5 million.
- Asia Pacific revenue for 4Q was $82.2 million, a 2.8% decrease year over year, and less than the estimated $88 million.
- Europe revenue for 4Q was $93.6 million, a 15% increase year over year, and more than the estimated $91 million.
- Latin America revenue for 4Q was $98.6 million, an 85% increase year over year, and more than the estimated $93.2 million.
- Canada revenue for 4Q was $64.9 million, a 0.9% increase year over year, but less than the estimated $65.8 million.
- Equifax’s full-year 2024 guidance midpoint expectation for revenue is $5.720 billion, an 8.6% increase, with strong non-mortgage local currency revenue growth of over 10.5% and an Adjusted EPS of $7.35.
- EBITDA margins are expected to expand to 33.3%, reflecting organic revenue growth and the additional cost savings from Cloud spending reductions plans as well as higher costs from normalization of incentive plans.
- Workforce Solutions, Equifax’s largest and fastest growing business, had a very strong 27% non-mortgage Verification Services revenue growth led by the Government and Talent businesses.
- Equifax’s stock currently has 18 buys, 6 holds, and 1 sell.
Equifax Inc on Smartkarma
Analysts on Smartkarma, an independent investment research network, have recently published their coverage on Equifax Inc. The provider, Baptista Research, has published a report on the company’s performance titled “Equifax Inc.: Unlocking the Power of Cloud Transformation! – Major Drivers”. The report discusses Equifax’s recent disappointing results, where the company fell short of Wall Street’s revenue and earnings expectations in Q3. The report also includes a fundamental analysis of Equifax’s historical financial statements.
A look at Equifax Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, Equifax Inc has a positive long-term outlook. The company scores a 2 out of 5 for value, indicating that it may be undervalued in the market. Additionally, it scores a 1 for dividend, suggesting that it may not be a strong choice for investors seeking regular income. However, Equifax Inc scores a 3 for growth, indicating that it may have potential for future growth. Furthermore, the company scores a 2 for resilience, suggesting that it may be able to withstand economic downturns. Lastly, Equifax Inc scores a perfect 5 for momentum, indicating that it may be performing well in the market currently.
Equifax Inc is a company that connects buyers and sellers through its various businesses, including information management, transaction processing, direct marketing, and customer relationship management. The company serves a wide range of industries, such as financial services, retail, credit card, telecommunications/utilities, transportation, information technology, healthcare, and government. Based on its Smartkarma Smart Scores, Equifax Inc appears to have a positive long-term outlook, with potential for growth and resilience in the face of economic challenges.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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