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Why Equifax Stock Popped After Earnings

TheMotleyFool

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Shares of credit rater Equifax (NYSE: EFX) jumped on the day after reporting earnings last night, and were up 16.8% at 12:20 p.m. EDT today.

Heading into earnings, analysts had forecast Equifax would earn $1.53 per share, pro forma, for its fiscal first quarter 2021, on sales of $1.1 billion. In fact, Equifax reported pro forma profits of $1.97 per share, on sales of $1.2 billion.

Image source: Getty Images.

Source Fool.com

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