WASHINGTON (dpa-AFX) - Equifax Inc. (EFX) Wednesday reported first-quarter net earnings of $83.9 million or $0.67, down from $101.1 million or $0.82 per share last year.
Adjusted earnings from continuing operations for the quarter rose to $0.89 per share from $0.87 per share last year. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.87 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues grew to $584.5 million from $566.5 million last year. Analysts expected revenues of $586.65 million for the quarter.
Looking forward to the second quarter, the company expects adjusted earnings of $0.92 to $0.95 per share and revenues of $606 million to $619 million. Analysts currently estimate earnings of $0.95 per share on revenues of $615.06 million for the quarter.
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