Financial Performance & Guidance - Equifax's Q1 revenue was at the high end of guidance, with adjusted EPS above guidance[79] - The company is maintaining its full-year 2024 guidance, projecting approximately 10.5% overall constant currency revenue growth, with non-mortgage growth of 10%+[79] - Q2 2024 revenue is guided to be between $1.41 billion and $1.43 billion, representing a 7.0% to 8.5% increase year-over-year[51] - Adjusted EPS for Q2 2024 is projected to be $1.65 to $1.75 per share, a (3.5%) to 2.3% change year-over-year[51] - Full year 2024 revenue is projected to be between $5.67 billion and $5.77 billion, a 7.7% to 9.6% increase year-over-year[53] - Adjusted EPS for full year 2024 is projected to be $7.20 to $7.50 per share, a 7.3% to 11.8% increase year-over-year[53] Segment Performance - USIS revenue increased by 10%[12], with mortgage revenue up 38% compared to a 19% decrease in US inquiries[12] - International revenue grew by 20% in constant currency, led by Europe and Brazil[5] - EWS non-mortgage verifier revenue grew by 15%[32] Strategic Initiatives - TWN records increased by 10%, reaching 172 million active records out of 670 million total records[4] - The company signed a significant payroll provider relationship, adding 6 million records[31] - Approximately 85% of new models and scores built in Q1 utilized AI/ML[6] - The company is focused on completing the EFX Cloud migration, aiming for 90% of revenue in the EFX Cloud by the end of 2024[79]

For the quarter ended March 2024, Equifax (EFX) reported revenue of $1.39 billion, up 6.7% over the same period last year. EPS came in at $1.50, compared to $1.43 in the year-ago quarter.The reported revenue represents a surprise of -0.95% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.44, the EPS surprise was +4.17%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

Exhibit 99.1 ATLANTA, April 17, 2024 -- Equifax (NYSE: EFX) today announced financial results for the quarter ended March 31, 2024. ® "Equifax performed well in the first quarter against our EFX2026 strategic priorities in a very challenging mortgage market delivering revenue of $1.389 billion, up a strong 7%. Our U.S. mortgage business grew a strong 6% despite a 19% decline in USIS mortgage credit inquiries. Our non-mortgage business, which was about 80% of Equifax revenue in the first quarter, delivered v ...

ATLANTA, April 17, 2024  /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended March 31, 2024. First quarter 2024 revenue of $1.389 billion grew strong 7%, with 9% non-mortgage local currency revenue growth. U.S. mortgage revenue grew a strong 6% in the first quarter despite a 19% decline in USIS mortgage credit inquiries. Workforce Solutions first quarter revenue growth of 1%, with strong 7% non-mortgage revenue growth and Verification Services non-mortgage revenue g ...

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 ...

Equifax (EFX) is scheduled to report first-quarter 2024 results on Apr 17, after market close.EFX has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in three of the preceding four quarters and missing in one, the average being 2.4%.Q1 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $1.4 billion, suggesting a 7.7% rise from the year-ago quarter’s actual. The uptick is likely to have been due to a strong segmental performance.The consensus esti ...

Investors looking for stocks in the Financial Transaction Services sector might want to consider either PagSeguro Digital Ltd. (PAGS) or Equifax (EFX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positi ...

Fourth Annual Report Highlights Company's Continued Security Leadership and Commitment to Collaboration in Cybersecurity ATLANTA, March 21, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) today released its 2023 Security Annual Report, documenting the company's continued commitment to security leadership through constant adaptation and proactive protection. The fourth annual report outlines how Equifax increased efficiency, reduced friction and strengthened continuous controls governance across its internal secur ...

- Businesses Feel the Squeeze with Loan Repayments, Insolvencies and Delinquencies - Equifax Canada Market Pulse — Q4 2023 Quarterly Business Credit Trends Report TORONTO, March 19, 2024 (GLOBE NEWSWIRE) -- Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4 per cent surge in business insolvencies in 2023 when compared to 2022. The latest data from Equifax® Canada's Market Pulse Quarterly Business Credit Trends Report also points to a 14.3 per cent uptick in the number of businesses ...

Investors looking for stocks in the Financial Transaction Services sector might want to consider either Fidelity National Information Services (FIS) or Equifax (EFX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks ...