WCN - Equifax to Report Q2 Earnings: What's in the Offing? | Benzinga
Equifax (NYSE: EFX) is scheduled to report second-quarter 2024 results on Jul 17, after market close.
EFX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missing in one, the average being 2.4%.
Q2 Expectations
The Zacks Consensus Estimate for the top line is pegged at $1.4 billion, suggesting a 7.9% rise from the year-ago quarter's actual. Revenues are likely to have benefitted from an improved segmental performance.
The consensus estimate for earnings per share is pegged at $1.7, indicating a 1.1% increase on a year-over-year basis. A strong margin performance is expected to have driven the bottom line.
Segmental Information
Our estimate for second-quarter 2024 revenues from U.S. Information Solutions ("USIS") is pegged at $481.9 million, indicating 8.3% growth from the year-ago quarter's reported number. This is likely to have increased due to stronger-than-expected mortgage revenues.
Total International revenues are expected to grow 20% from the year-ago quarter's reported number to $347.7 million. Better-than-expected revenues in Europe ...