Equifax ( (EFX) ) has released its Q4 earnings. Here is a breakdown of the information Equifax presented to its investors.
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Equifax Inc., a global data, analytics, and technology company, plays a crucial role in the global economy by providing essential information for decision-making to financial institutions, companies, employers, and government agencies. In its latest earnings report, Equifax announced a 7% increase in fourth-quarter revenue to $1.419 billion, despite challenges in the U.S. hiring and mortgage markets. The company’s success was driven by a strong 29% increase in U.S. Mortgage revenue and significant innovation in new products. Workforce Solutions saw a 7% revenue growth, highlighting a 10% increase in Verification Services, although Employer Services experienced a decline. The U.S. Information Solutions segment grew by 10%, while international operations reported an 11% increase in local currency revenue. Equifax’s strong cash flow and balance sheet position the company well for shareholder returns through increased dividends and share repurchases in 2025. Looking ahead, Equifax forecasts a 4.7% rise in full-year 2025 revenue, with strategic priorities and investments in cloud technology expected to bolster growth. However, the company anticipates a 12% decline in U.S. mortgage hard credit inquiries, reflecting ongoing market headwinds.
