Have you assessed how the international operations of Equifax (EFX) performed in the quarter ended December 2024? For this credit reporting company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For inv ...

My previous investment thought on Equifax (NYSE: EFX ) was a buy rating because I thought the Feds cutting rates would boost mortgage demand, which should help EFX sustain its growth momentum. However, the macroeconomic backdrop is muchI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the mediu ...

Equifax Inc. (NYSE:EFX) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Trevor Burns - Senior Vice President, Head of Corporate Investor Relations Mark Begor - Chief Executive Officer John Gamble - Chief Financial Officer Conference Call Participants Jeff Muller - Baird Manav Patnaik - Barclays Andrew Steinerman - JPMorgan Toni Kaplan - Morgan Stanley Faiza Alwy - Deutsche Bank Kyle Peterson - Needham Craig Huber - Huber Research Partners Jason Haas - Wells Fargo Owen Lau - ...

Equifax Inc. (EFX) has reported mixed fourth-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same.See Zacks Earnings Calendar to stay ahead of market-making news.EFX’s adjusted earnings were $2.12 per share, outpacing the Zacks Consensus Estimate by a slight margin and increasing 17.1% from the year-ago quarter. Total revenues of $1.4 billion missed the consensus estimate by 1.5% but grew 6.8% on a year-over-year basis.Equifax shares have gained 11.7% ...

For Equifax, macro headwinds from a job market slowdown and the volatile mortgage market — where uneven loan demand has been a hallmark amid relatively high interest rates — have impacted top-line momentum and forward-looking guidance.As discussed during an earnings call with analysts Thursday (Feb. 6) and reported in a company presentation, the fourth quarter was pressured by those trends. Revenue growth slowed to 7% year on year but had been 9% as recently as mid-year.Forward-looking guidance took note of ...

Equifax (EFX) reported $1.42 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 7%. EPS of $2.12 for the same period compares to $1.81 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.44 billion, representing a surprise of -1.46%. The company delivered an EPS surprise of +0.95%, with the consensus EPS estimate being $2.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Equifax (EFX) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $2.10 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.95%. A quarter ago, it was expected that this credit reporting company would post earnings of $1.84 per share when it actually produced earnings of $1.85, delivering a surprise of 0.54%.Over the last four quarters, the co ...

Revenue Performance - Fourth quarter 2024 revenue was $1.419 billion, a 7% increase on a reported basis and 9% on a local currency basis, driven by a strong 29% growth in U.S. Mortgage revenue[1] - Full-year 2024 revenue reached $5.681 billion, an 8% increase compared to 2023, with diluted EPS of $4.84, up from $4.40 in 2023[6] - Operating revenue for Q4 2024 was $1,419.4 million, a 7.0% increase from $1,326.5 million in Q4 2023[22] - For the twelve months ended December 31, 2024, operating revenue reached $5,681.1 million, representing a 7.9% increase from $5,265.2 million in 2023[23] - Total operating revenue for Q4 2024 was $1,419.4 million, representing a 7% increase from $1,326.5 million in Q4 2023[26] - For the full year 2024, total operating revenue reached $5,681.1 million, an 8% increase from $5,265.2 million in 2023[35] Earnings and Profitability - Adjusted EPS for the fourth quarter of 2024 was $2.12, a 17% increase compared to the same quarter in 2023[16] - Basic earnings per share for Q4 2024 were $1.40, a 30.8% increase from $1.07 in Q4 2023[22] - Adjusted net income attributable to Equifax for Q4 2024 was $264.9 million, an 18% increase from $225.4 million in Q4 2023[31] - Revenue for the year ended December 31, 2024, was $5,681.1 million, with an operating income of $1,042.1 million[39] - Adjusted EBITDA for the year ended December 31, 2024, was $1,836.1 million, with an adjusted EBITDA margin of 32.3%[39] Cash Flow and Dividends - Free cash flow for 2024 was $813 million, up 58% from 2023, positioning the company to grow dividends and return cash to shareholders in 2025[3] - Cash provided by operating activities for the twelve months ended December 31, 2024, was $1,324.5 million, compared to $1,116.8 million in 2023[25] - Dividends per common share remained stable at $0.39 for Q4 2024, consistent with Q4 2023[22] Revenue Growth by Segment - Workforce Solutions revenue grew 7% in Q4 2024, with Verification Services revenue up 10%, while Employer Services revenue declined 9%[10] - USIS revenue increased over 10% in Q4 2024, driven by a 47% growth in Mortgage revenue[10] - International revenue grew 11% on a local currency basis in Q4 2024, with Latin America showing a 29% increase[10] - Latin America operating revenue for the full year 2024 increased by 32% to $384.9 million, compared to $290.9 million in 2023[26] - Total international revenue for the full year 2024 was $1,354.3 million, a 10% increase from $1,229.0 million in 2023[26] Guidance and Future Expectations - The company expects full-year 2025 revenue guidance midpoint of $5.950 billion, reflecting a 4.7% increase on a reported basis and 6% organic constant currency growth[2] - The 2025 guidance reflects an expected 12% decline in U.S. hard mortgage credit inquiries compared to a 10% decline in 2024[2] - The guidance for Q1 2025 indicates a decline of approximately 13% in total U.S. mortgage hard pull credit inquiries year-over-year[29] Expenses and Liabilities - Total operating expenses for the twelve months ended December 31, 2024, were $4,639.0 million, an increase of 7.1% compared to $4,331.6 million in 2023[23] - Total assets decreased to $11,759.4 million as of December 31, 2024, down from $12,280.0 million in 2023[24] - Total liabilities decreased to $6,839.8 million as of December 31, 2024, from $7,592.5 million in 2023[24] Other Financial Metrics - The adjusted EBITDA for Q4 2024 was $501.9 million, reflecting a 12% increase from $446.6 million in Q4 2023[35] - The adjusted EBITDA margin improved to 35.4% in Q4 2024, compared to 33.7% in Q4 2023[35] - The company recorded acquisition-related amortization expense of $261.1 million for the full year 2024, a 4% increase from $250.7 million in 2023[31] - The company recorded a foreign currency loss of $0.3 million in Q4 2024, a reduction of 77% from $1.3 million in Q4 2023[35]

ATLANTA, Feb. 6, 2025 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter and full year ended December 31, 2024. Fourth quarter 2024 revenue of $1.419 billion up 7%, with 9% local currency revenue growth, despite weaker U.S. hiring and mortgage markets. Fourth quarter U.S. Mortgage revenue up very strong 29%. New Product Innovation leveraging new EFX Cloud delivered 12% new product Vitality Index. Workforce Solutions fourth quarter revenue grew 7%, with 10% Verification Se ...

Equifax (EFX) is scheduled to report fourth-quarter 2024 results on Feb. 6, before market open.See Zacks Earnings Calendar to stay ahead of market-making news.EFX has a decent earnings surprise history. It has outperformed the Zacks Consensus Estimate in four preceding quarters, with an average of 3.6%.Equifax, Inc. Price, Consensus and EPS Surprise EFX’s Q4 ExpectationsThe Zacks Consensus Estimate for Equifax’s top line is pegged at $1.4 billion, suggesting an 8.6% rise from the year-ago quarter’s actual. ...