Equifax Sees Q3 EPS $1.75-$1.85 Vs $2.01 Est.; Sees FY EPS $7.22-$7.47 Vs $7.39 Est.
Portfolio Pulse from Benzinga Newsdesk
Equifax has revised its Q3 EPS guidance to $1.75-$1.85, below the estimated $2.01. For the full fiscal year, the company expects EPS to be between $7.22 and $7.47, compared to the estimated $7.39.
July 17, 2024 | 8:14 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Equifax has lowered its Q3 EPS guidance to $1.75-$1.85, which is below the market estimate of $2.01. The full-year EPS guidance is slightly adjusted to $7.22-$7.47, compared to the estimated $7.39.
The downward revision of Q3 EPS guidance to below market expectations is likely to negatively impact investor sentiment and the stock price in the short term. The full-year EPS guidance is slightly adjusted but still within a close range of estimates, which may mitigate some of the negative impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100