Equifax (EFX) Tops Q2 EPS by 2c; Issues Mixed Outlook
Equifax (NYSE: EFX) reported Q2 EPS of $1.56, $0.02 better than the analyst estimate of $1.54. Revenue for the quarter came in at $876.6 million versus the consensus estimate of $886.11 million.
"During the second quarter, we delivered solid results while continuing to make strong progress on our data security, IT, and consumer transformation. The Equifax team also made strong steps forward in rebuilding confidence with customers and partners," said Mark W. Begor, Chief Executive Officer of Equifax. "During the quarter, we intensified our focus on customers and partners to deliver the solutions from our unique data that allows them to more effectively grow and manage their business. We did this while continuing to make significant investments in our infrastructure toward our goal of being an industry leader in IT and data security. We will continue this focus for the remainder of 2018."
GUIDANCE:
Equifax sees Q3 2018 EPS of $1.39-$1.44, versus the consensus of $1.50. Equifax sees Q3 2018 revenue of $853-863 million, versus the consensus of $872.8 million.
Equifax sees FY2018 EPS of $5.80-$6.00, versus the consensus of $5.93. Equifax sees FY2018 revenue of $3.425-3.525 million, versus the consensus of $3.5 million.
For earnings history and earnings-related data on Equifax (EFX) click here.
