Experian reported third-quarter organic revenue growth of 8% (7.7% expected), excluding currency impacts. Growth was driven by North America, though all regions and channels contributed positively.
Following the raise back in November, full-year guidance was left unchanged. Revenue growth is expected at 11% (8% organic), and margins are on track to improve by 0.3-0.5 percentage points.
The shares fell 4.4% in early trading.
Our view
HL view to follow.
Experian key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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