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Equifax: 1Q Earnings Snapshot

ATLANTA (AP) _ Equifax Inc. (EFX) on Wednesday reported first-quarter profit of $90.9 million.

The Atlanta-based company said it had net income of 75 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.43 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.

The credit reporting company posted revenue of $865.7 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $854 million.

Equifax shares have climbed 1.5 percent since the beginning of the year, while the Standard & Poor's 500 index has declined slightly more than 1 percent. In the final minutes of trading on Wednesday, shares hit $119.71, a decline of 14 percent in the last 12 months.


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