Equifax Inc.
Equifax Q2 2024: Revenue Up 9%, EPS Rises 17%
Summary
Equifax reported a 9% increase in second-quarter 2024 revenue to $1.430 billion, with non-mortgage revenue growing by 13%. Net income attributable to Equifax rose by 19% to $163.9 million, and diluted EPS increased by 17% to $1.31. The Workforce Solutions segment saw a 5% revenue increase, while the U.S. Information Solutions segment grew by 7%. International revenue grew by 17% on a reported basis and 28% on a local currency basis. Equifax also maintained its full-year 2024 guidance with revenue expectations of $5.720 billion and Adjusted EPS of $7.35.
Profitelligence Alerts
Get alerts for EFX
Be first to know when Equifax Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Equifax Inc.
Equifax Inc. is a global consumer credit reporting agency based in Atlanta, Georgia. It is one of the largest credit bureaus in the world, playing a crucial role in the financial ecosystem by providing credit reports and scores that help lenders make informed decisions. Equifax collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide. This data is used by financial institutions, businesses, and government entities to assess the creditworthiness of prospective borrowers, mitigate risk, and facilitate decision-making processes. In addition to credit reporting, Equifax offers a range of analytical services and specialized solutions in identity verification, fraud prevention, and debt management. Its operations significantly influence the credit market, affecting industries such as banking, automotive financing, and mortgage lending by providing crucial insights that drive lending decisions and consumer interaction. Equifax's comprehensive data analytics capabilities also support businesses in marketing and risk assessment applications, thereby strengthening economic transactions globally.
Official SEC Documents
Advertisement