Investing.com - Equifax (NYSE:EFX) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Equifax announced earnings per share of $1.4 on revenue of $957.9M. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $912.9M. That with comparison to EPS of $1.2 on revenue of $846.1M in the same period a year before. Equifax had reported EPS of $1.53 on revenue of $905.8M in the previous quarter. Analysts are expecting EPS of $1.27 and revenue of $868.67M in the upcoming quarter.
Equifax shares are down 10% from the beginning of the year , still down 23.65% from its 52 week high of $164.77 set on February 13. They are outperforming the S&P 500 which is down 12.99% year to date.
Equifax follows other major Services sector earnings this month
Equifax's report follows an earnings beat by McDonald’s on January 29, who reported EPS of $1.97 on revenue of $5.35B, compared to forecasts EPS of $1.96 on revenue of $5.31B.
Walgreens Boots had beat expectations on April 2 with second quarter EPS of $1.52 on revenue of $35.82B, compared to forecast for EPS of $1.46 on revenue of $35.27B.
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