WASHINGTON (dpa-AFX) - Equifax Inc. (EFX) reported that its first-quarter net income attributable to the company was $101.1 million or $0.82 per share, compared to $71.5 million or $0.58 per share in the comparable quarter last year.
On a non-GAAP basis, adjusted earnings per share from continuing operations attributable to Equifax, was $107.6 million or $0.87 per share, up from $85.0 million or $0.69 per share in the year-ago period. Analysts polled by Thomson Reuters expected the company to report earnings of $0.85 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenue for the quarter rose to $566.5 million from $505.9 million in the year ago quarter, while twelve analysts had consensus revenue estimate of $569.05 million for the quarter.
Consolidated revenue for the second quarter of 2013 is expected to be up 12 to 14 percent from the year-ago quarter. Second quarter 2013 adjusted earnings per share attributable to the company is expected to be between $0.88 and $0.91, up 23 to 27 percent from the second quarter of 2012.
Analysts expect the company to report earnings of $0.88 per share on revenues of $578.31 million for the second-quarter.
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