Experian's North American Unit Raises Concerns

Dow Jones
08/21

0929 GMT - Experian's North American consumer market shows some underlying growth concern, Bernstein analysts Will Kirkness and Filippo Giardini write in a note. The credit-reporting agency's North American Membership and Marketplace growth now stands at only about 2%, they note. Additionally, risks related to revenue contribution from new and scaling products remain, they say. "We forecast 5.2% and 4.8% organic growth in fiscal 2028 and fiscal 2029--2-3ppts below expectations," they add. Shares are down 2.4% at 28.95 pounds.

 

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