London, Jan 13, 2026, 07:57 GMT — Premarket
- Shares tumbled 2.3% on Monday, lagging behind the FTSE 100
- Experian’s third-quarter trading update on January 21 will be the next major catalyst
- Analysts covering the company project FY26 revenue near $8.43 billion
Experian (EXPN.L) slipped 2.3% on Monday, underperforming the modest rise in the FTSE 100. The shares closed at 33.99 pounds, roughly 17% off their 52-week peak. Attention is shifting to the company’s third-quarter trading update due January 21. 1
This trading update is crucial since Experian’s main revenue driver is North America, where fees track the volume of credit checks, mortgage inquiries, and fraud screenings. These flows can swing rapidly as rates and lender appetite fluctuate.
Investors are weighing if the U.S. lending environment is truly strengthening to sustain steady growth or merely fluctuating between ups and downs. That uncertainty centers on the trading update, often a key signal for the quarter ahead.
Experian’s financial calendar marks Jan 21 for its third-quarter update. The exchange rate for its first interim dividend will be fixed on Jan 16, with payments going out Feb 6. The company also noted May 20 for its full-year results. 2
In its November update, Experian signaled it expects total revenue to rise 11% for the year ending March 31, 2026, with organic growth hitting 8% at constant exchange rates. “We delivered strong growth in revenue, earnings and cash flow in H1,” CEO Brian Cassin said then. 3
Analyst forecasts gathered by the company show an average FY26 revenue projection of $8.43 billion, with EBIT around $2.40 billion. The consensus also expects Benchmark earnings per share to hit 178.7 cents, alongside dividends per share of 70 cents. 4
In the Jan 21 update, traders will zero in on mortgage enquiries, credit-card and personal-loan checks, plus demand for fraud screening — all volume-driven areas that can shift fast. “Organic” growth, which excludes currency swings and deal impacts, offers a clearer snapshot of the underlying momentum.
Experian goes head-to-head with Equifax and TransUnion in the U.S. credit reporting space, making investors keen to compare all three whenever mortgage or lending figures move. In London, its shares behave more like a financial-information stock, so interest rate forecasts can influence trading even if there’s no fresh company news.
The risk here: a chill in the mortgage market or cutbacks in bank marketing could weigh on volumes, squeezing any margin for error against full-year targets. Currency shifts complicate things further. Experian reports earnings in dollars but trades in pounds, making quarter-to-quarter comparisons a bit messy.
