Experian's profits below expectations

Experian, the credit check and financial data company, has reported underlying earnings below expectations for the full year to the end of March, while announcing the sale of its PriceGrabber price comparison service.

Experian, the credit check and financial data company, has reported underlying earnings below expectations for the full year to the end of March, while announcing the sale of its PriceGrabber price comparison service.

Earnings before interest and tax came in at $1.175bn against a consensus forecast of $1.191bn. Benchmark profit before tax was $1.128bn, again below the consensus of $1.136bn. Earnings per share came in at 78.9 cents per share against a consensus forecast of 90.5 cents.

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