Equifax Sees Q1 Adj. EPS $1.33-$1.43 vs $1.82 Est., Revenue $1.375B-$1.395B vs $1.41B Est.
Portfolio Pulse from Benzinga Newsdesk
Equifax has provided guidance for its Q1 adjusted EPS to be in the range of $1.33-$1.43, which is below the estimated $1.82. Additionally, the company expects revenue to be between $1.375B-$1.395B, also below the estimated $1.41B.
February 07, 2024 | 9:22 pm
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NEGATIVE IMPACT
Equifax projects lower-than-expected Q1 adjusted EPS and revenue, indicating potential challenges ahead.
Equifax's guidance for both adjusted EPS and revenue for Q1 falls significantly below analyst estimates, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100