Equifax Shares Rise After Earnings Beat, Outlook

By Wallace WitkowskiMarketWatch Pulse

Equifax Inc. shares rose in the extended session Wednesday after the credit rating company topped Wall Street expectations for the quarter. Equifax shares advanced 2.9% to $109, after being up as much as 10%, after hours. The company reported adjusted third-quarter earnings of $1.14 a share on revenue of $667.4 million. Analysts surveyed by FactSet had estimated $1.10 a share on revenue of $664.6 million. Equifax forecast full-year adjusted earnings of $4.46 to $4.48 a share on revenue of $2.65 billion and $2.66 billion. Analysts forecast $4.41 a share on revenue of $2.66 billion.

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