Copyright Reuters
Experian's push to diversify beyond its core credit-scoring business appears to be paying off, driven by strong demand for its data analytics and fraud-prevention tools. Early signs of a recovery in the U.S. mortgage and lending market have also helped the company navigate a challenging macroeconomic environment. Sign up here. The company has spent $1.2 billion in acquisitions to bulk up services such as fraud prevention in growing markets such as Australia, New Zealand and Brazil. The Dublin-based company also expects an annual organic revenue growth of 8%, at the top end of its previous forecast of 6% to 8%. Analysts, on average, expect the company to log 7.5%, as per company-compiled consensus. Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips
