Equifax(EFX)
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Equifax Makes Differentiated Data Products Available on Google Cloud Analytics Hub and Marketplace
Prnewswire· 2024-10-09 11:30
Company's Expanded Partnership with Google Cloud Provides Real-time Access to Anonymized Data Insights for Faster Innovation ATLANTA, Oct. 9, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) has expanded its partnership with Google Cloud to securely deliver anonymized, differentiated data assets on the Google Cloud Analytics Hub, a data exchange backed by the power of BigQuery, Google Cloud's unified data platform, designed to enable efficient and secure data sharing across organizations. Equifax is committed to m ...
Equifax Announces Earnings Release Date and Conference Call for Third Quarter 2024 Results
Prnewswire· 2024-10-02 20:20
ATLANTA, Oct. 2, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) will announce its financial results for the third quarter ended September 30, 2024, in a release to be issued on October 16, after the market closes. Equifax will host a conference call at 8:30 a.m. Eastern Time (ET) on October 17, in which senior management will discuss financial and business results for the quarter. Related presentation materials will be published on investor.equifax.com on October 17 at 6:30 a.m. ET. Conference Call: US/Canada: 8 ...
Equifax Canada Reports Rise in Automotive Fraud
GlobeNewswire News Room· 2024-09-24 09:30
– Automotive Fraud Driven by ID Theft and Falsified Credit Applications a Significant Area of Concern for Businesses and Consumers – TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Equifax Canada reports that while application fraud is down in some areas, automotive lenders are seeing a surge in fraud. According to new data from Equifax Canada, automotive fraud is up by 54 per cent year-over-year and is largely driven by falsified credit applications and the continued prevalence in identity theft. Ontario has e ...
Equifax Introduces Cloud-Based Merchant Data Network to Support U.S. Small Business Lending
Prnewswire· 2024-09-18 11:30
Collaborative Network Leverages Equifax Commercial Data and Credit Card Transaction Data from Leading Data Providers to Create More Complete Financial Picture of Small Businesses ATLANTA, Sept. 18, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the increased confidence they need to extend capital in a ...
Financial Stress Continues to Rise for Businesses Across Key Industries
GlobeNewswire News Room· 2024-09-17 10:00
- Economic Uncertainty and Recent Natural Disasters Could Further Impact Credit Performance for Businesses - Equifax Canada Market Pulse — Q2 2024 Quarterly Business Credit Trends Report TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Equifax Canada's Q2 Business Credit Trends Report reveals an uptick in businesses missing credit payments. According to the data, over 56,000 businesses missed at least one financial trade in Q2 2024, up 10.2 per cent from the same period in 2023. At a trade level, the 60+ day (vo ...
Equifax: A Potential Beneficiary Of Interest Rate Cut
Seeking Alpha· 2024-09-02 03:20
alexandre17/iStock via Getty Images I upgraded Equifax (NYSE:EFX) from "Buy' to 'Strong Buy' in my previous coverage published in April 2024, anticipating a modernization of the mortgage business, as well as strong growth momentum in the non-mortgage business. The company delivered 8% organic revenue growth with a 13% growth in non-mortegege businesses in Q2 FY24. It is impressive for the company to deliver 4% growth in US mortgage revenue despite a 13% decline in mortgage credit inquiries. I anticipate the ...
Equifax Announces Participation in September Investor Conferences
Prnewswire· 2024-08-29 20:20
ATLANTA, Aug. 29, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) will participate in several upcoming investor conferences in September. Mark. W. Begor, Chief Executive Officer, and John Gamble, Chief Financial Officer, will attend the Barclays Virtual Credit Bureau Day on Wednesday, September 4, 2024 and the Barclays Global Financial Services Conference on Tuesday, September 10, 2024, including participation in a Fireside Chat at 10:30 A.M. Eastern Time. The company invites investors to join a live webcast of t ...
Economic Pressures Could Impact Credit Performance of Consumers, Especially Young Adults
GlobeNewswire News Room· 2024-08-27 12:14
– Financial Challenges May be Driving Rise in Multigenerational Living – Equifax Canada Market Pulse Quarterly Consumer Credit Trends Report TORONTO, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Consumer debt levels rose to $2.5 trillion in the second quarter of 2024, marking a 4.2 per cent increase since Q2 2023, according to the latest Market Pulse Consumer Credit Trends and Insights Report from Equifax® Canada. Credit cards continued to be the primary driver of rising debt with outstanding balances reaching $122 bi ...
Equifax (EFX) Stock Gains 54% in a Year: What Should You Know?
ZACKS· 2024-08-20 15:06
Equifax (EFX) had an impressive run over the past year. The stock has gained 53.9% compared with the 17% rally of the industry it belongs to and the 26.3% rise of the Zacks S&P 500 composite. WCN's revenues are anticipated to increase 8.8% year over year in 2024 and 11.3% in 2025. Its earnings for 2024 and 2025 are expected to jump 9.1% and 29.4%, respectively. The company has an expected long-term (three to five years) EPS growth rate of 20%. Equifax, Inc. Revenue (TTM) Equifax, Inc. revenue-ttm | Equifax, ...
Why Is Equifax (EFX) Up 11.1% Since Last Earnings Report?
ZACKS· 2024-08-16 16:35
A month has gone by since the last earnings report for Equifax (EFX) . Shares have added about 11.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Equifax due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Equifax Beats on Q2 Earnings Equifax reported impressive s ...