These Analysts Cut Their Forecasts On Equifax After Q4 Earnings

Benzinga
Feb 05

Equifax Inc (NYSE:EFX) reported better-than-expected fourth-quarter financial results on Wednesday.

Equifax posted adjusted EPS of $2.09, beating market estimates of $2.05. The company's quarterly sales came in at $1.551 billion versus expectations of $1.527 billion.

Equifax said it sees FY2026 adjusted EPS of $8.30-$8.70, versus market estimates of $8.74. The company sees sales of $6.660 billion to $6.780 billion, versus estimates of $6.585 billion.

“Equifax delivered strong fourth quarter revenue of $1.551 billion, up 9% on both a reported and local currency basis, that was $30 million above the midpoint of our October guidance. This was led by strong 20% U.S. Mortgage revenue growth, strong Workforce Solutions Government revenue growth, and continued momentum in New Product Innovation with a Vitality Index of 17% despite headwinds from the U.S. Mortgage and Hiring markets,” said Mark W. Begor, Equifax Chief Executive Officer.

Equifax shares gained 2.4% to $185.29 in pre-market trading.

These analysts made changes to their price targets on Equifax following earnings announcement.

  • Needham analyst Kyle Peterson maintained Equifax with a Buy and lowered the price target from $295 to $265.
  • Morgan Stanley analyst Toni Kaplan maintained the stock with an Overweight rating and cut the price target from $269 to $244.

Considering buying EFX stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10