Equifax Releases First Quarter 2021 Results
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April 23, 2021 7:44 AM EDT
Jefferies analyst Hamzah Mazari raised the price target on Equifax (NYSE: EFX) to $260.00 (from $211.00) while maintaining a Buy rating.
The analyst commented, "What to do with EFX shares? Buy more if you believe the 2023 strategic priority execution will result in higher... More
April 21, 2021 4:33 PM EDT
Equifax (NYSE: EFX) reported Q1 EPS of $1.64, $0.11 better than the analyst estimate of $1.53. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.12 billion.
Highest ever quarterly revenue of $1.2 billion, up a record 27%; fifth consecutive quarter of double-digit revenue growthStrong margin expansion and EPS growthWorkforce Solutions and USIS revenue growth of 59% and 19%, respectively, compared to the first quarter of 2020, with strong growth across both mortgage and non-mortgage businessesCompleted five strategic, bolt-on acquisitions focused on core growth...
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