Equifax Inc. (EFX) reported mixed first-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same.EFX’s adjusted earnings (excluding 50 cents from non-recurring items) were $1.5 per share, beating the Zacks Consensus Estimate by 4.2% and increasing 4.9% from the year-ago quarter. Total revenues of $1.4 billion missed the consensus estimate by a slight margin but increased 6.7% from the year-ago quarter.Segmental InformationRevenues in the Workforce Solutions ...

The company is tempering expectations for the quarters to come.Credit rating service Equifax (EFX -4.88%) is feeling the brunt of "higher for longer," warning that if rates remain high its results are likely to suffer. Investors are cashing out, sending shares down 10% as of 11 a.m. ET.Credit demand is under pressureEquifax is a financial data analytics company best known as one of the primary providers of consumer credit scores. Yesterday, it reported its financial results for the first quarter of 2024. Th ...

Non-GAAP Disclosure Statement Accelerate Innovation and New Products Housing ✓ TWN records up 10%, 172M active… 670M total Strong 20% INTL growth led by Europe and Brazil ~85% of new models and scores built in 1Q using AI / ML Note: This slide contains forward-looking information, including 2Q24 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whet ...

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 ...