Equifax Inc. (NYSE:EFX) Q3 2024 Earnings Conference Call October 17, 2024 8:30 AM ET Company Participants Trevor Burns - Senior Vice President, Head of Corporate Investor Relations Mark Begor - Chief Executive Officer John Gamble - Chief Financial Officer Conference Call Participants Manav Patnaik - Barclays Kelsey Zhu - Autonomous Research Andrew Nicholas - William Blair Surinder Thind - Jefferies Kyle Peterson - Needham & Company Scott Wurtzel - Wolfe Research Kevin McVeigh - UBS Jason Haas - Wells Fargo ...

Equifax Inc. (EFX) reported mixed third-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same. See Zacks Earnings Calendar to stay ahead of market-making news. EFX's adjusted earnings (excluding 72 cents from non-recurring items) were $1.8 per share, outpacing the Zacks Consensus Estimate by a slight margin and increasing by 5.1% from the year-ago quarter's actual. Total revenues of $1.4 billion missed the consensus estimate by a slight margin but grew ...

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]

Equifax (EFX) is scheduled to report third-quarter 2024 results on Oct.16, after market close. See Zacks Earnings Calendar to stay ahead of market-making news. 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 3.2%. EFX's Q3 Expectations The Zacks Consensus Estimate for Equifax's top line is pegged at $1.4 billion, indicating a 9.5% rise from the year-ago quarter's actual. An improve ...

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]