Equifax reported revenue from continuing operations of $572.0 million in the third quarter of 2013, a 10 percent increase from the third quarter of 2012 and an 11 percent increase in local currency.
Third quarter diluted EPS from continuing operations attributable to Equifax was $0.71, an increase of 14 percent from the third quarter of 2012. On a non-GAAP basis, adjusted EPS attributable to Equifax, excluding the impact of acquisition-related amortization expense, net of associated tax impacts, was $0.90, up 21 percent from the third quarter of 2012.
“Our third quarter performance was solid and consistent with our 2013 full year expectations,” said Richard F. Smith, Equifax’s Chairman and Chief Executive Officer. “Four business units delivered double digit, constant currency revenue growth while our three largest business units expanded their operating margins. We have a strong team and are executing well on our strategic initiatives and operating objectives. Our organic, core non-mortgage market revenue growth accelerated again in the third quarter above our long-term target. As we enter the fourth quarter, this momentum positions us to successfully deliver on our full year guidance.”
Source: Equifax Q3 Earnings Release
