Equifax's Earnings: A Preview

Equifax's Earnings: A Preview

Equifax EFX is set to give its latest quarterly earnings report on Wednesday, 2022-10-19. Here's what investors need to know before the announcement.

Analysts estimate that Equifax will report an earnings per share (EPS) of $1.63.

Equifax bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.09, which was followed by a 2.25% drop in the share price the next day.

Here's a look at Equifax's past performance and the resulting price change:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2 2.15 1.80 1.72
EPS Actual 2.09 2.22 1.84 1.85
Price Change % -2.25% -8.34% -3.84% -5.29%

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2 2.15 1.80 1.72
EPS Actual 2.09 2.22 1.84 1.85
Price Change % -2.25% -8.34% -3.84% -5.29%

Stock Performance

Shares of Equifax were trading at $164.24 as of October 17. Over the last 52-week period, shares are down 38.32%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Equifax visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-EPEarnings