Equifax (NYSE:EFX) will release its quarterly earnings report on Wednesday, 2024-10-16. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Equifax to report an earnings per share (EPS) of $1.82.
Equifax bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
The company's EPS beat by $0.09 in the last quarter, leading to a 1.91% increase in the share price on the following day.
Here's a look at Equifax's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
1.73
1.44
1.75
1.78
EPS Actual
1.82
1.50
1.81
1.76
Price Change %
2.0%
-8.0%
4.0%
2.0%
Performance of Equifax Shares
Shares of Equifax were trading at $291.16 as of October 14. Over the last 52-week period, shares are up 66.88%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analyst Insights on Equifax
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Equifax.
A total of 15 analyst ratings have been received for Equifax, with the consensus rating being Outperform. The average ...
