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Equifax Inc Issues Q1 2013 Guidance; Issues FY 2013 Guidance; Revenue Guidance Below Analysts' Estimates; Approves Quarterly Cash Dividend

Wednesday, 6 Feb 2013 04:09pm EST 

Equifax Inc announced that for the first quarter of 2013, it expects consolidated revenue to be up 10% to 12% from the year-ago quarter and adjusted EPS attributable to Equifax, which excludes the impact of acquisition-related amortization expense, to be between $0.84 and $0.87. For fiscal 2013, the Company expects revenue from continuing operations to be up 10% to 12% and adjusted EPS from continuing operations attributable to Equifax to be between $3.56 and $3.64. The Company reported revenue of $522.70 million in the first quarter of 2013 and revenue of $2.161 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $585.80 million and EPS of $0.88 for the first quarter of 2013; and report revenue of $2.411 billion and EPS of $3.60 for fiscal 2013. The Company also announced that the Board of Directors has approved a 22% increase in the quarterly cash dividend, increasing it to $0.22 per share from the previous quarterly dividend of $0.18 per share. The cash dividend is payable on March 15, 2013, to shareholders of record as of the close of business on February 22, 2013. 

Company Quote

-0.22 -0.27%
26 Dec 2014