EFX Stock Recent News

All Employers Within 90 Days™ Helps Lenders Enhance Their Loan Processes  ATLANTA , July 25, 2024 /PRNewswire/ --  Equifax ® (NYSE: EFX) has launched a new solution, All Employers Within 90 DaysTM, in support of its commitment to providing an extensive set of verification solutions for the mortgage industry. Powered by The Work Number®, All Employers Within 90 DaysTM allows credentialed lenders to verify a borrower's income and employment information from the previous 90 days.

Equifax reported strong 2Q24 results with revenue growth of 8.6% y/y, driven by growth in all segments and beating consensus estimates. I give a buy recommendation due to expected growth acceleration and positive catalysts like potential rate cuts and completion of cloud migration. Valuation of EFX seems attractive with potential for upside.

Explore how Equifax's (EFX) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond.

Equifax Inc. (NYSE:EFX ) Q2 2024 Earnings Conference Call July 18, 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 Andrew Steinerman - JPMorgan Heather Balsky - Bank of America Kelsey Zhu - Autonomous Research Faiza Alwy - Deutsche Bank Surinder Thind - Jefferies Andrew Nicholas - William Blair Jeff Meuler - Baird Scott Wurtzel - Wolfe Research Kyle Peterson - Needham & Company Shlomo Rosenbaum - Stifel Owen Lau - Oppenheimer Craig Huber - Huber Research Partners Toni Kaplan - Morgan Stanley George Tong - Goldman Sachs Operator Hello, and welcome to the Equifax Inc. Q2 2024 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation.

Equifax's (EFX) second-quarter 2024 revenues strengthen as segmental performance improves.

While the top- and bottom-line numbers for Equifax (EFX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Equifax (EFX) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.71 per share a year ago.

ATLANTA , July 17, 2024 /PRNewswire/ --  Equifax® (NYSE: EFX) today announced financial results for the quarter ended June 30, 2024. Second quarter 2024 revenue of $1.430 billion grew a strong 9%, with 13% non-mortgage local currency revenue growth.

Equifax's (EFX) second-quarter 2024 revenues are likely to have benefited from the rise in mortgage revenues, and higher revenues from Europe and Latin America.