Core Insights - Equifax Inc. (EFX) reported strong second-quarter 2025 results, with earnings and revenues exceeding the Zacks Consensus Estimate [1] - Adjusted earnings were $2 per share, a 9.9% increase year-over-year, and total revenues reached $1.5 billion, up 7.4% year-over-year [1][10] Financial Performance - Adjusted EBITDA for Q2 2025 was $499.3 million, reflecting a 9.1% year-over-year growth, with an adjusted EBITDA margin of 32.5%, up 50 basis points from the previous year [7][8] - Cash generated from operating activities was $361.1 million, while capital expenditures totaled $122.2 million [9] Segment Performance - Workforce Solutions segment revenues were $662.1 million, an 8% increase year-over-year, surpassing estimates [3][10] - USIS segment revenues reached $521.5 million, up 9% year-over-year, also beating estimates [4][10] - International division revenues totaled $353.4 million, a 4% increase year-over-year, but fell short of estimates [5] Regional Performance - Latin America revenues were $99.6 million, a 2% increase year-over-year, while Europe saw revenues of $99.2 million, up 12% [6] - Asia Pacific revenues were $85.3 million, increasing 1% year-over-year, and Canada revenues remained flat at $69.3 million [6] Guidance and Outlook - For Q3 2025, Equifax raised its revenue guidance to $1.505-$1.535 billion, with the midpoint exceeding the Zacks Consensus Estimate [11] - For the full year 2025, revenue guidance was increased to $5.97-$6.04 billion, with the midpoint aligning with the consensus estimate [12]

Core Insights - Equifax's second-quarter earnings exceeded expectations, driven by growth in non-mortgage-related revenues, particularly in consumer lending and government sectors [2][4][5] - Despite positive results, management maintained cautious guidance due to macroeconomic uncertainties, including tariffs and their effects on interest rates and hiring [3][7] - Mortgage-related activities showed a decline, with inquiries down 8% in the latest quarter, and expectations for a further 13% decrease in the second half of the year [4][11] Financial Performance - The company's revenue for the second quarter reached $1.5 billion, surpassing previous guidance by $27 million, with U.S. mortgage revenues increasing by 14% [4][5] - Non-mortgage revenue growth was noted at 4% for B2B segments, with specific growth in auto lending and financial institutions [10] - Workforce Solutions revenues are projected to grow by 5% through fiscal year 2025, while US Information Systems revenues are expected to increase by 7% [5] Market Conditions - Elevated mortgage rates, consistently above 6.7%, along with high housing prices and low inventory, have contributed to historically low home purchase and refinance activities [11] - The economic environment remains uncertain, impacting hiring trends and overall revenue expectations for the second half of the year [8][11] Future Outlook - The company anticipates potential growth in the mortgage business once refinancing activity picks up, particularly through the integration of traditional and alternative data sources [11][12] - New solutions based on consumer-permissioned bank transaction data are set to launch in the third quarter, aiming to enhance verification processes [9]

Core Insights - Equifax reported revenue of $1.54 billion for the quarter ended June 2025, reflecting a year-over-year increase of 7.4% and exceeding the Zacks Consensus Estimate of $1.51 billion by 1.51% [1] - The company's EPS for the quarter was $2.00, up from $1.82 in the same quarter last year, surpassing the consensus estimate of $1.92 by 4.17% [1] Revenue Performance by Region - Asia Pacific operating revenue was $85.3 million, slightly below the estimated $86.43 million, marking a year-over-year increase of 0.8% [4] - Latin America operating revenue reached $99.6 million, below the average estimate of $102.96 million, with a year-over-year change of 2.4% [4] - Europe operating revenue was $99.2 million, exceeding the estimated $91.86 million, representing a significant year-over-year increase of 12.5% [4] - Canada operating revenue was $69.3 million, slightly below the estimate of $69.4 million, with a year-over-year change of 0.1% [4] U.S. Information Solutions Performance - U.S. Information Solutions operating revenue was $521.5 million, surpassing the estimated $509.88 million, with a year-over-year increase of 9% [4] - Financial Marketing Services within U.S. Information Solutions generated $63.7 million, exceeding the estimate of $62.55 million, reflecting a year-over-year increase of 6% [4] - Online Information Solutions under U.S. Information Solutions reported $457.8 million, surpassing the estimate of $443.97 million, with a year-over-year change of 21.2% [4] Workforce Solutions Performance - Workforce Solutions generated $662.1 million in operating revenue, exceeding the average estimate of $652.84 million, with a year-over-year increase of 8% [4] - Verification Services within Workforce Solutions reported $567.1 million, surpassing the estimate of $558.35 million, reflecting a year-over-year increase of 9.9% [4] - Employer Services under Workforce Solutions generated $95 million, slightly above the estimate of $94.72 million, but with a year-over-year decrease of 2.1% [4] Overall Market Performance - Equifax shares returned +1.8% over the past month, while the Zacks S&P 500 composite increased by +5.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - Equifax reported revenue of $1.54 billion, an increase of 8% in constant currency and 7% reported, marking the highest quarterly revenue in the company's history [7] - Adjusted EPS was $2.00, exceeding the midpoint of guidance by $0.10, with an adjusted EBITDA margin of 32.5% [9][12] - Free cash flow for Q2 was $239 million, up over $100 million from the previous year, with expectations to generate over $900 million in free cash flow for 2025 [43] Business Line Data and Key Metrics Changes - Workforce Solutions revenue grew by 8%, driven by a 10% increase in verifier revenue and a 14% increase in government revenue [13] - USIS revenue increased by 9%, with mortgage revenue up 20% and non-mortgage revenue growth of over 4% [10][21] - International revenue grew by 6% in constant currency, with strong growth in Latin America and Europe [25] Market Data and Key Metrics Changes - Mortgage hard credit inquiries declined by 8.5%, with expectations for a further decline of over 13% in the second half of 2025 [29][32] - The U.S. hiring market remains weak, impacting overall revenue growth in talent solutions [14][33] - Economic uncertainty continues to affect hiring trends and mortgage volumes, with corporate expenses expected to rise due to litigation costs [36][37] Company Strategy and Development Direction - Equifax is focusing on leveraging cloud capabilities to drive innovation and new product development, with a vitality index of 14% indicating strong new product introductions [26][49] - The company is increasing its vitality outlook for 2025 from 11% to 12%, reflecting confidence in future growth [12] - A new capital allocation framework includes a $3 billion share repurchase program and a 28% increase in quarterly dividends [43] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding economic uncertainties, inflation, and interest rates, holding full-year guidance steady despite strong first-half performance [12][48] - The company anticipates continued challenges in the mortgage market but sees potential for growth in government services due to new federal requirements [19][72] - Management remains optimistic about long-term growth, projecting organic revenue growth of 7% to 10% and a focus on multi-data solutions [45][49] Other Important Information - The company repurchased $127 million in shares during the quarter as part of its share repurchase program [12] - Adjusted EBITDA margins are expected to be flat year-over-year, impacted by higher corporate costs and litigation expenses [37][84] Q&A Session Summary Question: Can you provide perspective on the Twin State agency headwinds? - Management indicated that challenges stem from changes in federal data reimbursement policies and state budget complexities, affecting near-term performance [51][54] Question: What are the new mortgage pre-qual products driving strength? - The Twin Indicator product is gaining traction, helping to win market share in pre-qualification and pre-approval stages [55][58] Question: What is mortgage revenue as a percentage of total revenues in Q2? - Mortgage revenue accounted for 22% of total revenues, remaining flat [63] Question: What visibility exists for the government business in the second half? - Management noted that visibility is challenging due to state budget constraints and the impact of prior federal policy changes, but remains optimistic for future growth [67][72] Question: Can you elaborate on the litigation costs? - Litigation costs are driven by both general legal expenses and an increase in small claims, which are expected to continue into 2026 [86]

Financial Data and Key Metrics Changes - Equifax reported revenue of $1.54 billion, an increase of 8% in constant currency and 7% reported, marking the highest quarterly revenue in the company's history [5][10] - Adjusted EPS was $2.00, exceeding the midpoint of April guidance by $0.10, with an adjusted EBITDA margin of 32.5% [7][10] - Free cash flow for Q2 was $239 million, up over $100 million from the previous year, with expectations to generate over $900 million in free cash flow for 2025 [43][44] Business Line Data and Key Metrics Changes - Workforce Solutions revenue increased by 8%, driven by a 10% growth in verifier revenue and a 14% increase in government revenue [11][12] - USIS revenue grew by 9%, with mortgage revenue up 20% and non-mortgage revenue up over 4% [8][19] - International revenue saw a 6% increase in constant currency, with strong growth in Latin America and Europe [22][24] Market Data and Key Metrics Changes - Mortgage hard credit inquiries declined by 8.5% year-over-year, impacting home purchase and refinance activity [28][29] - The U.S. hiring market remained weak, with overall BLS data showing only slight increases compared to last year [12][30] - International growth was led by Latin America, with an 11% increase, while Canada experienced only 1% growth due to economic conditions [22][24] Company Strategy and Development Direction - The company is focusing on leveraging cloud capabilities and multi-data solutions to drive innovation and growth [25][50] - Equifax is increasing its vitality outlook for 2025 from 11% to 12%, indicating strong performance in new product introductions [10][25] - The company is committed to expanding its government business in response to new federal programs and verification requirements [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding economic uncertainties, inflation, and hiring trends, holding full-year guidance steady despite strong first-half performance [10][30] - The company anticipates continued challenges in the mortgage market but sees potential for growth as interest rates decline [28][29] - Management remains optimistic about long-term growth, projecting a 7% to 10% organic growth framework [45][48] Other Important Information - The company repurchased $127 million in shares under a $3 billion share repurchase program [10][43] - Corporate expenses increased to $152 million, primarily due to higher litigation costs [35][90] - The company is investing in new solutions that combine traditional and alternative credit data to enhance its offerings [50][26] Q&A Session Summary Question: Can you provide perspective on the Twin State agency headwinds? - Management indicated that challenges stem from changes made by the Biden administration regarding data reimbursements, affecting state budgets and contract timing [52][53] Question: What are the new mortgage pre-qual products driving strength? - The Twin Indicator product has been positively received in the market, helping to gain share in pre-qualification stages [55][56] Question: What is mortgage revenue as a percentage of total revenues in Q2? - Mortgage revenue accounted for 22% of total revenues [63] Question: What is the visibility and assumptions for the government business in the second half? - Management noted that visibility is challenging due to state budget constraints and the impact of prior administration policies [66][70] Question: Can you elaborate on the trends in the talent segment? - The talent market has shown weakness, impacting revenue guidance, with specific challenges in criminal data services due to shifts in customer relationships [72][90]

Financial Performance - Equifax's 2Q25 revenue increased by 7% as reported, and 8% in constant currency, exceeding the midpoint of April guidance by $27 million[13] - Adjusted EPS for 2Q25 was $2.00 per share, surpassing the midpoint of April guidance by $0.10[13] - The company is maintaining its 2025 full-year constant dollar framework due to economic and market uncertainty, but increasing reported revenue by $35 million and Adjusted EPS by $0.03 per share due to FX[13] - Free cash flow for FY25 is expected to be approximately $900 million or more, with a cash conversion rate of around 95% or higher[35, 45] Segment Performance - Workforce Solutions (EWS) revenue grew by 8% in 2Q25, with non-mortgage verifier revenue up by 10% and government revenue up by 14%[13, 15] - US Information Solutions (USIS) revenue increased by 9% in 2Q25, driven by a 20% increase in mortgage revenue and a 4% increase in non-mortgage revenue[13, 23] - International revenue was up 6% in constant currency, with strong growth in Brazil and double-digit vitality index[13, 24] Strategic Initiatives and Capital Allocation - Equifax increased its dividend by 28% to $0.50 per share and launched a $3 billion share repurchase program[14] - The company repurchased 480,000 shares for approximately $127 million in 2Q25[39] - The company returned approximately $190 million to shareholders in 2Q25[41, 45] Future Outlook - The company anticipates approximately $700 million or more in revenue from mortgage market recovery, which will positively impact EBITDA, EPS, and cash flow to shareholders[43] - The company's long-term financial framework targets 7-10% organic revenue growth and 1-2% revenue growth from bolt-on M&A[43, 46] - The company's 2Q25 vitality index was 14%, driven by double-digit vitality index across all business units, and the full-year vitality index is expected to be 12%[13, 25, 45]

NEWS RELEASE Contact: Trevor Burns Kate Walker Investor Relations Media Relations trevor.burns@equifax.com mediainquiries@equifax.com Exhibit 99.1 1550 Peachtree Street, N.W. Atlanta, Georgia 30309 Equifax Delivers Above Guidance Second Quarter Results; Returns Approximately $190 Million Cash to Shareholders ATLANTA, JULY 22, 2025 -- Equifax (NYSE: EFX) today announced financial results for the quarter ended June 30, 2025. ® "Equifax delivered strong second quarter revenue of $1.537 billion, up 8% on a loca ...

Core Insights - Equifax reported strong second quarter revenue of $1.537 billion, reflecting an 8% increase in local currency and a 7% increase on a reported basis, exceeding guidance by $27 million [2][8] - The company experienced significant growth in U.S. Mortgage revenue, which rose by 14%, and Workforce Solutions revenue grew by 8%, driven by a 10% increase in Verification Services revenue [2][8] - Equifax maintained its full-year 2025 local currency revenue growth guidance at 6% while increasing reported revenue guidance by $35 million and Adjusted EPS by $0.03 per share due to foreign exchange impacts [3][8] Financial Performance - Total revenue for the second quarter of 2025 was $1,537 million, up 7% from the previous year, with net income attributable to Equifax increasing by 17% to $191.3 million [6][21] - Diluted EPS for the quarter was $1.53, a 17% increase compared to $1.31 in the same quarter of 2024 [6][21] - The company expects to generate over $900 million in free cash flow for 2025, with a cash conversion ratio exceeding 95% [4] Segment Performance - Workforce Solutions reported revenue of $662.1 million, an 8% increase year-over-year, with an operating margin of 46.4% [9][26] - U.S. Information Solutions revenue grew by 9%, led by a 20% increase in Mortgage revenue and over 4% in Non-Mortgage revenue [9][26] - International revenue increased by 4% on a reported basis and 6% in local currency, with Latin America and Europe being key growth regions [9][18] Strategic Initiatives - Equifax is focusing on leveraging new Cloud capabilities to enhance product innovation and drive growth, with a Vitality Index of 14% for new products [5][8] - The company returned approximately $190 million to shareholders in the second quarter, including $127 million in share repurchases under a $3 billion program [4][8] - The strategic priorities for 2027 include a focus on growth, innovation, and free cash generation to support ongoing investments and shareholder returns [5][8]

Investors are always looking for stocks that are poised to beat at earnings season and Equifax Inc. (EFX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Equifax is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

Core Insights - Equifax (EFX) is set to report its second-quarter 2025 results on July 22, with earnings expected to be $1.92 per share, reflecting a 5.5% year-over-year increase, and revenues projected at $1.51 billion, indicating a 5.9% rise year-over-year [1][8] Revenue Expectations - Revenue growth is anticipated to be driven by improved segmental performances, with strong margin expansion benefiting the bottom line [2] - Workforce Solutions revenues are estimated to grow marginally to $652.8 million, while U.S. Information Solutions (USIS) revenues are expected to reach $509.2 million, a 6.5% increase from the previous year, largely due to strong mortgage performance [3][8] - Total international revenues are projected to increase by 6.5% to $361.3 million, supported by robust growth in Latin America, Canada, Australia, and Europe [4][8] EBITDA Projections - Adjusted EBITDA for the USIS and International segments is expected to grow by 13.2% to $179.6 million and by 9.7% to $95.3 million, respectively, driven by strong revenue growth and disciplined cost execution [4][8] - Adjusted EBITDA for Workplace Solutions is anticipated to be $339.3 million, reflecting a 4.8% increase from the previous year [5] Earnings Prediction Model - The model indicates a likely earnings beat for Equifax, supported by a positive Earnings ESP of +1.46% and a Zacks Rank of 3 [6]