Core Viewpoint - Equifax Inc. reported mixed third-quarter 2024 results, with earnings exceeding estimates while revenues fell short [1][2]. Financial Performance - Adjusted earnings were $1.8 per share, surpassing the Zacks Consensus Estimate and increasing by 5.1% year-over-year [2]. - Total revenues reached $1.4 billion, missing consensus estimates but growing by 9.3% compared to the previous year [2]. Segment Performance - Workforce Solutions segment revenues totaled $620 million, a 7% increase year-over-year, exceeding expectations [3]. - USIS segment revenues were $476.9 million, growing 12% year-over-year and also surpassing forecasts [3]. - International division revenues amounted to $344.9 million, up 9% year-over-year but missing expectations [3]. Regional Performance - Latin America's revenues increased by 21% year-over-year, while Europe and Asia Pacific saw increases of 11% [4]. - Canada's revenues remained flat compared to the previous year [4]. Operating Results - Adjusted EBITDA for Q3 2024 was $471.9 million, an 8% increase year-over-year, with an adjusted EBITDA margin of 32.7% [5]. - The adjusted EBITDA margin for Workforce Solutions was 51.6%, while USIS and international segments reported margins of 33.9% and 27.7%, respectively [5]. Balance Sheet & Cash Flow - Cash and cash equivalents at the end of Q3 were $468.2 million, significantly up from $181.9 million at the end of Q2 [6]. - Long-term debt remained stable at $4.7 billion, with cash generated from operating activities amounting to $479.5 million [6]. Guidance - For Q4 2024, revenue guidance was raised to $1.44-$1.46 billion, with adjusted EPS guidance increased to $2.08-$2.18 [6]. - For the full year 2024, revenue guidance was updated to $5.70-$5.72 billion, and adjusted EPS guidance was revised to $7.25-$7.35 [7].

Equifax (EFX) reported $1.44 billion in revenue for the quarter ended September 2024, representing a yearover-year increase of 9.3%. EPS of $1.85 for the same period compares to $1.76 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.44 billion, representing a surprise of -0.14%. The company delivered an EPS surprise of +0.54%, with the consensus EPS estimate being $1.84. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Equifax (EFX) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 0.54%. A quarter ago, it was expected that this credit reporting company would post earnings of $1.72 per share when it actually produced earnings of $1.82, delivering a surprise of 5.81%. Over the last four quarters, the c ...

Exhibit 99.1 1550 Peachtree Street, N.W. Atlanta, Georgia 30309 NEWS RELEASE Contact: Trevor Burns Kate Walker Investor Relations Media Relations trevor.burns@equifax.com mediainquiries@equifax.com Equifax Delivers Strong Third Quarter 2024 Revenue Growth of 9%, Led by 19% Workforce Solutions Non-Mortgage Verification Services ® ATLANTA, OCTOBER 16, 2024 -- Equifax (NYSE: EFX) today announced financial results for the quarter ended September 30, 2024. • Third quarter 2024 revenue of $1.442 billion grew a st ...

ATLANTA, Oct. 16, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended September 30, 2024. 2024 Fourth Quarter and Full Year Guidance Q4 2024 FY 2024 Low-End High-End Low-End High-End Reported Revenue $1.438 billion $1.458 billion $5.700 billion $5.720 billion Third quarter 2024 revenue of $1.442 billion grew a strong 9%, with 10% non-mortgage local currency revenue growth. Workforce Solutions third quarter revenue grew 7%, with 9% non-mortgage revenue growth fro ...

Core Viewpoint - Equifax Inc. (EFX) is expected to report third-quarter 2024 earnings on October 16, with a positive Earnings ESP of +2.42% and a Zacks Rank 2 (Buy) [1] Financial Performance - The stock price of EFX has increased by 17.3% year-to-date, which is lower than the S&P 500's 22.8% gain [2] - The Zacks Consensus Estimate for Q3 2024 indicates revenues of $1.44 billion, reflecting a 9.5% year-over-year increase, and earnings per share (EPS) of $1.84, representing a 4.6% year-over-year growth [9] - EFX has shown positive earnings surprises in three out of the last four quarters, with an average beat of 3.2% [9] Revenue Segments - Analysts project that 'Revenue- U.S. Information Solutions' will reach $463.14 million, up 8.7% from the previous year [7] - 'Revenue- Workforce Solutions' is expected to be $625.10 million, an increase of 8.3% year-over-year [7] - 'Revenue- Total International' is anticipated to be $351.76 million, advancing 11.4% from the year-ago quarter [7] Growth Projections - EFX has experienced positive earnings estimate revisions for 2024 and 2025, with expected revenue growth of 8.9% and EPS growth of 9.7% for 2024 [10] - The long-term EPS growth rate for EFX is projected at 19.1%, significantly higher than the S&P 500's growth rate of 13.6% [11] Price Target and Market Sentiment - The average short-term price target for EFX suggests a potential increase of 10.7% from the last closing price of $290.13, with a maximum upside of 31% and a maximum downside of 6.5% [13]

Core Viewpoint - Equifax (EFX) is expected to report strong third-quarter 2024 results, with positive growth in revenues and earnings per share anticipated, driven by improved segment performance and strong pricing environment [1][3][5]. Revenue Expectations - The Zacks Consensus Estimate for Equifax's total revenue is $1.4 billion, reflecting a 9.5% increase from the same quarter last year [3]. - International revenues are projected to rise by 25.4% to $366.4 million, supported by growth in Europe and Latin America [4]. - U.S. Information Solutions (USIS) revenues are expected to reach $459.4 million, indicating a 7.8% year-over-year increase [5]. Earnings Expectations - The consensus estimate for earnings per share is $1.8, suggesting a 4.6% increase year-over-year [3]. - Adjusted EBITDA for USIS and International segments is anticipated to grow by 7.2% and 24.2%, reaching $156.3 million and $102.9 million, respectively [6]. Segment Performance - Revenues from Workforce Solutions are likely to grow by 7.1% year-over-year, estimated at $618.1 million [5]. - Adjusted EBITDA for Workforce Solutions is expected to be $318.3 million, up 8.4% from the previous year, driven by strong non-mortgage verifier revenue growth [6]. Earnings Prediction - The model predicts an earnings beat for Equifax, supported by a positive Earnings ESP of +1.56% and a Zacks Rank of 2 (Buy) [7].

Wall Street analysts forecast that Equifax (EFX) will report quarterly earnings of $1.84 per share in its upcoming release, pointing to a year-over-year increase of 4.6%. It is anticipated that revenues will amount to $1.44 billion, exhibiting an increase of 9.5% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed thei ...

Core Insights - Equifax Canada has appointed Ramon Yarde as Chief Data Officer to enhance data, analytics, and insights for Canadian consumers and businesses [1][4] - Yarde has been with Equifax Canada since 2006 and has held various leadership roles, including interim CDO since February 2024 [2] - The company aims to improve financial inclusion by incorporating nontraditional data, such as rental payment information, into credit scores [3] Company Strategy - Yarde will focus on expanding the depth and predictiveness of Equifax's insights to increase access to credit for Canadians [3] - The appointment reflects Equifax's commitment to data excellence and leveraging data-driven innovation to benefit Canadian consumers [4] - The company emphasizes the importance of best-in-class security and responsible governance in its data strategy [4] Leadership Perspective - Sue Hutchison, President and CEO of Equifax Canada, highlighted Yarde's deep understanding of the business and data assets as key to his leadership role [4] - Yarde stated that unique Equifax data enables innovation and maximizes AI performance, which helps create effective insights for customers [4]

Core Insights - Equifax Inc. is experiencing strong top-line momentum, which is expected to persist in the coming years, supported by acquisitions that enhance its core business [1][3] - The company reported impressive second-quarter 2024 results, with adjusted earnings of $1.82 per share, exceeding estimates by 5.8% and showing a year-over-year increase of 6.4%. Total revenues reached $1.4 billion, surpassing consensus estimates and increasing by 8.6% from the previous year [2] Revenue Growth - Equifax's revenues have compounded at an annual growth rate (CAGR) of 8.5% from 2019 to 2023, with expectations for continued growth driven by synergies from acquisitions, consumer credit activity, product innovation, and effective business execution [3] Acquisitions - The company has made strategic acquisitions to enhance its core business, including the acquisition of Boa Vista Servicos in 2023, which expanded its presence in Brazil and allowed customers to leverage Equifax's international capabilities [4] - In 2022, Equifax acquired Midigator LLC and Efficient Hire, enhancing its offerings in digital identity, fraud prevention, and HR-focused solutions [5] Dividend Appeal - Equifax is attractive to dividend-seeking investors, having paid out dividends of $191.8 million in 2023, $191.1 million in 2022, and $190 million in 2021, indicating a consistent dividend policy [6] Customer Importance - Equifax's services are crucial for customers who rely on credit information and analytical services for processing various types of loans, utilizing advanced statistical techniques to provide customized insights and decision-making solutions [7] Seasonality and Liquidity - Seasonality poses challenges in forecasting the company's prospects, making year-over-year comparisons more relevant. The current ratio at the end of Q2 2024 was 0.79, indicating potential liquidity issues as it is below the previous year's ratio of 1.2 [8]