Equifax: Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Equifax Inc. (EFX) on Wednesday reported fourth-quarter profit of $132.4 million.

The Atlanta-based company said it had profit of $1.06 per share. Earnings, adjusted for one-time gains and costs, were $1.81 per share.

The results surpassed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.

The credit reporting company posted revenue of $1.33 billion in the period, also beating Street forecasts. Fifteen analysts surveyed by Zacks expected $1.31 billion.

For the year, the company reported profit of $545.3 million, or $4.40 per share. Revenue was reported as $5.27 billion.

For the current quarter ending in March, Equifax expects its per-share earnings to range from $1.33 to $1.43.

The company said it expects revenue in the range of $1.38 billion to $1.4 billion for the fiscal first quarter.

Equifax expects full-year earnings in the range of $7.20 to $7.50 per share, with revenue ranging from $5.67 billion to $5.77 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EFX at https://www.zacks.com/ap/EFX

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