Equifax Inc. (NYSE: EFX) announced financial results for the quarter ended September 30, 2011. The company reported revenue from continuing operations of $490.4 million in the third quarter of 2011, a 4 percent increase from the third quarter of 2010. Excluding Brazilian operating results, a non-GAAP measure, due to the deconsolidation of Brazil in the second quarter of 2011, third quarter revenue was up 8 percent.
Third quarter diluted EPS from continuing operations attributable to Equifax was $0.54, up 11 percent from the third quarter of 2010. On a non-GAAP basis, adjusted EPS from continuing operations attributable to Equifax, excluding the impact of acquisition-related amortization expense, was $0.65, up 8 percent from the third quarter of 2010.
Based on the current level of domestic and international business activity that Equifax have experienced through the current date and current foreign exchange rates, consolidated revenue from continuing operations for the fourth quarter of 2011 is expected to be up 8 to 10 percent from the year-ago quarter, excluding Brazil. Fourth quarter 2011 adjusted EPS from continuing operations attributable to Equifax, which excludes the impact of acquisition-related amortization expense, is expected to be between $0.65 and $0.68.
Source: Equifax Press Release
