Equifax, Inc. (NYSE:EFX) is set to announce third quarter earning results on Wednesday 21st October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, EFX to report 3Q20 income of $ 1.60 per share.
For the full year, analysts anticipate top line of $ 3893.96 million, while looking forward to income of $ 6.03 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 1.30 ~ $ 1.40 per share, while revenues are expected in a range of $ 930.00 million ~ $ 950.00 million
Full Year 2020 topline are forecasted in a range of$ 3,650.00 million ~ $ 3,750.00 million, where as bottomline are predicted in a range of $ 5.60 ~ $ 5.80 per share
Click Here For More Historical Outlooks Of Equifax, Inc.
Previous Quarter Performance
Equifax, Inc. revealed income for the second quarter of $ 1.60 per share, from the revenue of $ 982.80 million. The quarterly earnings improved 14.29 percent compared with the same quarter last year. According to street consensus, EFX was expected to report 2Q20 income of $ 1.29 per share from revenue of $ 921.32 million. The bottom line results beat street analysts by $ 0.31 or 24.03 percent, at the same time, top line results outshined analysts by $ 61.48 million or 6.67 percent.
Stock Performance
Shares of Equifax, Inc. traded up $ 1.18 or 0.74 percent on Tuesday, reaching $ 159.76 with volume of 506.10 thousand shares. Equifax, Inc. has traded high as $ 161.11 and has cracked $ 158.73 on the downward trend
The closing price of $ 159.76, representing a 53.95 % increase from the 52 week low of $ 103.01 and a 12.75 % decrease over the 52 week high of $ 181.76.
The company has a market capital of $ 19.40 billion and is part of the Industrials sector and Business Services industry.
Recent Analyst recommendations
- On 6th October 2020, initiated by Needham & Company LLC at Buy rating, with $ 200.00 target price.
- On 9th September 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 190.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.39 per share on July 20, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on August 25, 2020 and ex-dividend date on August 24, 2020.
Conference Call
Equifax, Inc. will be hosting a conference call at 8:30 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.equifax.com
Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments, and consumers. The company operates through four segments: U.S.
