FMP
Apr 18, 2024 11:49 AM - Davit Kirakosyan
Equifax (NYSE:EFX) shares tumbled more than 9% in premarket trading Thursday following the company's announcement of second-quarter and full-year financial guidance that didn't meet analysts' forecasts.
In its fiscal first quarter of 2024, Equifax reported earnings per share (EPS) of $1.50, beating the consensus estimate of $1.44. However, its revenue for the quarter was $1.39 billion, slightly below the expected $1.4 billion.
For the upcoming fiscal second quarter, Equifax expects its adjusted EPS to be between $1.65 and $1.75, which is below the analyst forecast of $1.86. The company also anticipates revenue for the quarter to be between $1.41 billion and $1.43 billion, which falls short of the expected $1.44 billion.
Looking ahead to the full year of 2024, Equifax predicts adjusted EPS to range from $7.20 to $7.50, whereas analysts had projected $7.64. The company maintained its full-year revenue forecast, expecting it to be between $5.67 billion and $5.77 billion, slightly below the analyst consensus of $5.8 billion.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...