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. ...

In its upcoming report, Equifax (EFX) is predicted by Wall Street analysts to post quarterly earnings of $2.10 per share, reflecting an increase of 16% compared to the same period last year. Revenues are forecasted to be $1.44 billion, representing a year-over-year increase of 8.6%.The consensus EPS estimate for the quarter has undergone a downward revision of 3.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmaceutical service on Seeking Alpha Marketplace. If you like what you read here and would like to subscribe to, I'm currently offering a two-week free trial period for subscribers to take advantage of. My service offers a deep-dive analysis of many pharmaceutical companies. The Biotech Analysis Central SA marketplace is $49 per month, but for those who sign up for the yearly plan will be able to take advantage of a 33. ...

Financial Results Announcement - Equifax will announce its financial results for the fourth quarter ended December 31, 2024, on February 6, 2025, at 6:30 a.m. ET [1] - A conference call will be hosted at 8:30 a.m. ET on February 6, where senior management will discuss the financial and business results for the quarter [1] - Presentation materials related to the financial results will be published on investor.equifax.com at 6:30 a.m. ET on February 6 [1] Conference Call Details - US/Canada participants can dial 877-559-1190 or +1 201-389-0916 to join the conference call [2] - International participants can access toll-free numbers by clicking the provided link [2] - Participants are required to dial in 5-10 minutes prior to the call and provide their name and company affiliation to complete registration [2] - A webcast and slide presentation will be available, with the link becoming active 15 minutes before the scheduled start time [2] Audio Replay - An audio replay of the conference call will be available on investor.equifax.com starting February 7 [3] Company Overview - Equifax is a global data, analytics, and technology company that helps financial institutions, companies, employers, and government agencies make critical decisions [4] - The company operates in 24 countries across North America, Central and South America, Europe, and the Asia Pacific region, supported by nearly 15,000 employees worldwide [4] - Equifax's unique blend of data, analytics, and cloud technology drives insights to power decisions that move people forward [4]

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the accuracy of its credit reports.Under the consent order, the company will bring its dispute resolution processes into compliance with federal law and pay a $15 million civil penalty to the CFPB’s victims relief fund, the regulator said in a Friday (Jan. 17) press release.The CFPB found that Equifax violated the Fai ...

CALGARY, Alberta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) is pleased to provide its preliminary outlook for 2025. All amounts presented are in U.S. Dollars (“USD”) unless otherwise stated. Outlook During 2025, Enerflex’s priorities include: (1) enhancing the profitability of core operations; (2) leveraging the Company’s leading position in core operating countries to capitalize on expected increases in natural gas and produced water volumes; and ...

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