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Stock Alert: Equifax Shares Rising As Q2 Profit Beats Estimates

Equifax Inc. (EFX) shares are trading higher as its second-quarter earnings surpassed analysts' estimates. The stock is currently at $178.96, up 6.52 percent from its previous close of $168.01.

The company reported earnings of $95.9 million, up from $66.8 million in the prior year. On a per share basis, earnings were $0.78, compared to $0.55 last year. On an adjusted basis, earnings for the second quarter were $1.60.
On average, Wall Street analysts polled by Thomson Reuters expected the company to earn $1.29 per share.

Revenue for the quarter increased to $982.8 million from $880 million in the prior year. Analysts were looking for $921.32 million.

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