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Equifax Inc’s third-quarter profit beats estimates

WASHINGTON (dpa-AFX) – Equifax Inc (EFX) reported third-quarter profit that beat Street estimates.

The company’s net income was $123.9 million, or $1.13 per share. That compares to $123.0 million, or $1.31 per share, in the third quarter of last year.

Excluding items, Equifax Inc reported adjusted earnings of $231.8 million, or $1.85 per share, for the period.

Analysts on average expected a profit of $1.83 per share, according to figures compiled by Thomson Reuters. Analyst estimates generally exclude special items.

The company’s revenue for the quarter increased 9.2% to $1.441 billion, compared to $1.319 billion last year.

Equifax Inc earnings at a glance (GAAP):

-Revenues (Q3): $123.9 million. compared to $123.0 million. last year. -EPS (Q3): $1.13 versus $1.31 last year. -Revenue (Q3): $1.441 billion versus $1.319 billion last year.

-Advice: Next quarter EPS forecast: $2.08 – $2.18 Next quarter revenue forecast: $1.438 – $1.458 billion Full year EPS forecast: $7.25 – 7.35 $ Full-year revenue forecast: $5,700 – $5.720 billion

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