Equifax (EFX) delivered earnings and revenue surprises of 7.56% and 3.56%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Equifax's (EFX) third-quarter 2021 revenues are likely to have benefited from strength across U.S. Information Solutions, International and Workforce Solutions segments.
Equifax (EFX) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.