Actual time to take this? Equifax Inc. (NYSE: EFX)

On 11 March 2020, Equifax Inc. (NYSE: EFX) changed -4.83% to recent value of $145.48. The stock transacted 1627192 shares during most recent day however it has an average volume of 832.3K shares. It spotted trading -11.71% off 52-week high price. On the other end, the stock has been noted 34.33% away from the low price over the last 52-weeks.

Equifax Inc. (NYSE: EFX) recently reported financial results for the quarter and full year ended December 31, 2019.

Financial Results Summary

The Company stated revenue of $905.8M in the fourth quarter of 2019, an 8 percent increase from the fourth quarter of 2018 and a 10 percent increase in local currency.

Fourth quarter 2019 diluted EPS attributable to Equifax was $0.07 per share, down from $0.21 per share in the fourth quarter of 2018.

Net income attributable to Equifax of $9.2M was down from $25.6M in the fourth quarter of 2018.

For the full year 2019, revenue was $3.5B, a 3 percent increase from 2018 and a 5 percent increase in local currency. Diluted EPS attributable to Equifax was a loss of $3.27 per share, down from income of $2.47 per share for the full year 2018. Net loss attributable to Equifax was $398.8M, down contrast to net income of $299.8M for the full year 2018.

Our results in the fourth quarter of 2019 included a pre-tax legal accrual of $99.6M for losses associated with certain legal proceedings and government investigations related to the 2017 cybersecurity incident. The charge represents completed settlements and our best estimate of remaining liabilities for the U.S. matters related to the 2017 cybersecurity incident. The impact of this accrual on diluted EPS was $0.68 per share for the fourth quarter.

USIS fourth quarter results

Total revenue was $330.9M in the fourth quarter of 2019, a raise of 8 percent from the fourth quarter of 2018. Operating margin for USIS was 33.6 percent in the fourth quarter of 2019, contrast to 35.5 percent in the fourth quarter of 2018. Adjusted EBITDA margin for USIS was 45.1 percent in the fourth quarter of 2019, contrast to 47.5 percent in the fourth quarter of 2018.

Online Information Solutions revenue was $227.3M, up 8 percent from the fourth quarter of 2018.

Mortgage Solutions revenue was $32.5M, a raise of 19 percent from the fourth quarter of 2018.

Financial Marketing Services revenue was $71.1M, a raise of 3 percent when contrast to the fourth quarter of 2018.

Workforce Solutions fourth quarter results

Total revenue was $250.5M in the fourth quarter of 2019, a 22 percent increase from the fourth quarter of 2018. Operating margin for Workforce Solutions was 39.2 percent in the fourth quarter of 2019 contrast to 39.7 percent in the fourth quarter of 2018. Adjusted EBITDA margin for Workforce Solutions was 47.0 percent in the fourth quarter of 2019, contrast to 48.7 percent in the fourth quarter of 2018.

Verification Services revenue was $193.6M, up 33 percent when contrast to the fourth quarter of 2018.

Employer Services revenue was $56.9M, down 6 percent when contrast to the fourth quarter of 2018.

International fourth quarter results

Total revenue was $235.9M in the fourth quarter of 2019, a slight decrease from the fourth quarter of 2018 and a raise of 4 percent on a local currency basis. Operating margin for International was 15.3 percent in the fourth quarter of 2019 contrast to 6.6 percent in the fourth quarter of 2018. Adjusted EBITDA margin for International was 36.4 percent in the fourth quarter of 2019 contrast to 32.4 percent in the fourth quarter of 2018.

Asia Pacific revenue was $73.7M, down 4 percent from the fourth quarter of 2018 and up 1 percent on a local currency basis.

Europe revenue was $76.3M, up slightly from the fourth quarter of 2018 and up 1 percent on a local currency basis.

Latin America revenue was $46.4M, down 3 percent from the fourth quarter of 2018 and up 11 percent on a local currency basis.

Canada revenue was $39.5M, up 9 percent from the fourth quarter of 2018 on a stated and local currency basis.

EFX has a gross margin of 56.60% and an operating margin of -9.60% while its profit margin remained -11.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained -233.60% for this year while earning per share for the next 5-years is expected to reach at 6.18%.  The company has 124.44M of outstanding shares and 120.78M shares were floated in the market. According to the most recent quarter its current ratio was 0.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of -6.02% from the mean of 20 days, -4.17% from mean of 50 days SMA and performed 2.87% from mean of 200 days price. Company’s performance for the week was -10.68%, -5.97% for month and YTD performance remained 3.83%.

Jasmine Gerber

Jasmine Gerber – Market Movers I am known as Jasmine Gerber, I am a writer and an industrialist by profession. My age is 32 years. My aim is to gather the attention of the targeted audience without being boring and unexciting. I like to utilize the free time in writing my views and thoughts for my book lovers or readers. My most preferred articles are usually about technology and business; however, I have written various topics in my articles. I do not have a specific genre. I get very creative when I have to express myself, I often sing, write or draw to portray my feelings. When it comes to my free time or you can say ‘ME-TIME’, I love to play with my cat, sleep an extra hour, or play my favorite video games.

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