Equifax Delivers First Quarter 2024 Revenue Growth of 7% to $1.389 Billion Amid Challenging Mortgage Market

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Equifax (EFX) PT Raised to $240 at Morgan Stanley

April 18, 2024 4:13 PM EDT

Morgan Stanley analyst Toni Kaplan raised the price target on Equifax (NYSE: EFX) to $240.00 (from $225.00) while maintaining a Equalweight rating.

The analyst comments "We are updating our model to incorporate more granular subsegment sub-components. For the EWS Verification sub-segment, we now model mortgage,... More

Equifax (EFX) shares tumble on weak Q1 revenue, guidance miss

April 17, 2024 4:31 PM EDT

(Updated - April 18, 2024 3:49 AM EDT)

Shares of Equifax (NYSE: EFX) plummeted over 9% in premarket trading Thursday after the credit reporting agencys FQ2 and full-year guidance fell short of analysts expectations.

For the fiscal Q1 2024, Equifax posted earnings per share (EPS) at $1.50, surpassing the consensus estimates of $1.44. Revenue for the quarter slightly... More

Equifax (EFX) Tops Q1 EPS by 6c, Misses on Revenue; Offers Guidance

April 17, 2024 4:12 PM EDT

Equifax (NYSE: EFX) reported Q1 EPS of $1.50, $0.06 better than the analyst estimate of $1.44. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.4 billion.

Maintaining full-year 2024 guidance from strong first quarter results with midpoint expectation for revenue of $5.720 billion, up 8.6%, with... More