08.02.2023 22:39:47
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Equifax Inc Q4 Profit Decreases, but beats estimates
(RTTNews) - Equifax Inc (EFX) released earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $108.2 million, or $0.88 per share. This compares with $122.1 million, or $0.99 per share, in last year's fourth quarter.
Excluding items, Equifax Inc reported adjusted earnings of $187.1 million or $1.52 per share for the period.
Analysts on average had expected the company to earn $1.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 4.0% to $1.20 billion from $1.25 billion last year.
Equifax Inc earnings at a glance (GAAP) :
-Earnings (Q4): $108.2 Mln. vs. $122.1 Mln. last year. -EPS (Q4): $0.88 vs. $0.99 last year. -Analyst Estimates: $1.49 -Revenue (Q4): $1.20 Bln vs. $1.25 Bln last year.
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