Why Professional Services Company Equifax Shares Are Surging Today
Why Professional Services Company Equifax Shares Are Surging Today
Equifax Inc. (NYSE:EFX) shares are surging today after the company reported better-than-expected second-quarter FY24 financial results.
艾可菲公司（NYSE:EFX）公佈了超出預期的第二季度FY24業績，股票今天表現強勁。
Revenue grew 9% Y/Y to $1.43 billion, beating the consensus of $1.42 billion. Despite a 13% decline in USIS mortgage credit inquiries, U.S. mortgage revenue grew by 4% Y/Y in the second quarter.
營業收入同比增長9%至14.3億美元，超過預期的14.2億美元。儘管美國信息服務公司（USIS）的抵押貸款信貸查詢下降了13%，但美國抵押貸款收入同比增長4%。
In the second quarter, Workforce Solutions saw a 5% Y/Y increase in overall revenue, led by a 12% growth in non-mortgage revenue, particularly in Verification Services, where Government and Talent Solutions led with a 20% increase. However, mortgage revenue declined by 12% in the quarter.
第二季度，勞動力解決方案整體營收同比增長5%，非抵押貸款營收增長12%，主要來自驗證服務，政府和人才解決方案增長20%。然而，抵押貸款收入同比下降12%。
Adjusted EBITDA margin declined to 32.0% from 32.7% a year ago. Adjusted EPS of $1.82 surpassed the street view of $1.73.
調整後的EBITDA利潤率從去年的32.7%下降到32.0%。每股調整後的收益爲1.82美元，超過街道預期的1.73美元。
In the second quarter, there was significant new product innovation leveraging the new EFX Cloud, with a 12.5% increase in the new product Vitality Index.
第二季度，公司推出了許多新的產品創新，藉助新的EFX雲計算，新產品的增長率達12.5%。
Additionally, 89% of new models and scores were developed using Artificial Intelligence and Machine Learning.
此外，89%的新模型和評分都是使用人工智能和機器學習開發的。
Outlook: Equifax revised guidance for FY24 revenue to $5.69 billion-$5.75 billion (from $5.67 billion-$5.77 billion) vs. $5.72 billion and adjusted EPS of $7.22-$7.47 (from $7.20-$7.50 earlier) vs an estimate of $7.38.
展望未來：艾可菲公司調整了FY24的營收指導範圍爲56.9億-57.5億美元（之前爲56.7億-57.7億美元），調整後的每股收益爲7.22-7.47美元（之前爲7.20-7.50美元），而該業績預期爲7.38美元。
For the third quarter, Equifax sees adjusted EPS of $1.75-$1.85 (vs. street view of $2.01) and revenue of $1.425 billion-$1.445 billion (vs. consensus of $1.45 billion).
第三季度，艾可菲公司預計調整後的每股收益爲1.75-1.85美元（實際爲2.01美元），營收爲14.25億-14.45億美元（預計爲14.5億美元）。
Mark W. Begor, Equifax Chief Executive Officer, said, "While Equifax continues to execute well against its EFX2026 strategic priorities, our 2024 guidance reflects an expectation of a decline of about 11% in our 2024 U.S. mortgage credit inquiries, which is consistent with the current run-rates, and compares to down 34% in 2023."
艾可菲公司首席執行官Mark W. Begor表示：“儘管艾可菲公司在EFX2026戰略重點方面表現出色，但我們對2024年美國抵押貸款信貸查詢下降約11%的預期持謹慎態度，這與目前的運行水平相一致，2023年下降34%”。
"Adjusted EBITDA and Adjusted EPS continue to benefit from organic revenue growth and the additional cost savings from Cloud spending reduction plans."
“調整後的EBITDA和調整後的EPS繼續受益於有機營收增長和雲計算支出削減計劃的額外成本節約。”
Also, BofA Securities maintained a Buy rating on the stock and raised its price target from $255 to $286.
此外，美國銀行證券維持對該股票的買入評級，並將其價格目標從255美元升至286美元。
Investors can gain exposure to the stock via Fidelity Disruptive Finance ETF (NASDAQ:FDFF) and VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF (BATS:MGRO).
投資者可以通過Fidelity Disruptive Finance ETF（納斯達克：FDFF）和VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF（BATS：MGRO）獲得這隻股票的曝光。
Price Action: EFX shares are up 5% at $272.27 at the last check Thursday.
EFX股票在週四收盤時上漲5%，報272.27美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
譯文內容由第三人軟體翻譯。