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CoreLogic issues FY'18 financial guidance

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CoreLogic issues FY'18 financial guidance

CoreLogic Inc. projects adjusted EPS of $2.45 to $2.65 for full year 2018.

The S&P Capital IQ consensus normalized EPS estimate is $2.57.

The company expects revenue of approximately $1.83 billion to $1.88 billion and adjusted EBITDA of $455 million to $485 million for the year.

Additionally, CoreLogic said it intends to incur cash and noncash charges of approximately $15 million over the course of 2018 related to its productivity programs and infrastructure enhancements. These charges will be reflected in the company's GAAP financial results and will be excluded from adjusted EBITDA and adjusted EPS metrics, which are non-GAAP measures.