Strong Revenue Growth
Equifax reported a revenue of $1.442 billion, which is up 4% reported and 5% in constant dollars, exceeding the midpoint of February guidance by $37 million.
Adjusted EPS Exceeds Expectations
Adjusted EPS of $1.53 per share was $0.15 above the midpoint of February guidance, driven by higher revenue growth and improved margins.
Successful Launch of Equifax Cloud
The company successfully transitioned to the Equifax cloud and launched its first-ever Equifax-only solution in the mortgage segment.
International Growth
International revenue increased by almost 7% in constant currency, with strong growth in Latin America, particularly Brazil and Argentina.
New Capital Allocation Plan
Equifax announced a 28% increase in its quarterly dividend and a new $3 billion, four-year share repurchase program.