Experian reported its Q3 revenue update which was largely in line with our expectations and management’s guidance. The organic growth of 11% yoy, which sits at the upper end of management’s guidance of 9-11%, was led by strong growth in the B2C segment. Following this update, the company has tightened the range of previously-raised FY21/22 guidance towards the upper limit. However, we will tweak our estimates and target price slightly downwards to factor in the increased risk of multiple rate hi ....
14 Jan 2022
Q3 in line with expectations
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Q3 in line with expectations
Experian PLC (EXPN:LON) | 3,266 -359.3 (-0.3%) | Mkt Cap: 30,002m
- Published:
14 Jan 2022 -
Author:
Nupur Gupta -
Pages:
3
Experian reported its Q3 revenue update which was largely in line with our expectations and management’s guidance. The organic growth of 11% yoy, which sits at the upper end of management’s guidance of 9-11%, was led by strong growth in the B2C segment. Following this update, the company has tightened the range of previously-raised FY21/22 guidance towards the upper limit. However, we will tweak our estimates and target price slightly downwards to factor in the increased risk of multiple rate hi ....