Fair Isaac falls after lowering full year outlook Shares of credit reporting company Fair Isaac (FICO) are falling after the company lowered its outlook for revenue and profit in this fiscal year. WHAT'S NEW: This morning, Fair Isaac forecast fourth quarter revenue of $188M-$190M. One analyst covering the company had an expectation for it to report revenue of just over $207M. The company lowered its fiscal 2013 earnings view to $2.47-$2.51 from $2.61-$2.70. It also cut its full year revenue outlook to $741M-$743M from $755M-$765M, citing delays in application license sales to North American banks as the reason for the weak guidance. PRICE ACTION: In late morning trading, Fair Isaac fell just over 4% to $55.00 on heavy trading volume. Year to date the stock is up over 30%. OTHERS TO WATCH: Competitors Equifax (EFX) and Experian (EXPGY) also provide credit reporting services to consumers and businesses.
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