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Mar 31, 2021
Equifax Q1 2021 Earnings Report
Equifax reported record quarterly revenue and strong earnings growth.
Key Takeaways
Equifax announced record first-quarter revenue of $1.2 billion, a 27% increase year-over-year, driven by strong growth in Workforce Solutions and USIS. Net income and EPS also saw significant growth, and the company completed five strategic acquisitions.
Highest ever quarterly revenue of $1.2 billion, up a record 27%.
Workforce Solutions and USIS revenue growth of 59% and 19%, respectively.
Completed five strategic acquisitions focused on core growth areas.
Increased full-year revenue and EPS guidance.
Equifax
Equifax
Equifax Revenue by Segment
Equifax Revenue by Geographic Location
Revenue by Segment
Workforce Solutions Revenue
CapyFin.comUS Information Solutions Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue by Geographic Location
Latin America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comCanada Revenue
CapyFin.com Forward Guidance
Equifax is increasing its full-year revenue guidance to a range of $4,575 million to $4,675 million, and its Adjusted EPS guidance to a range of $6.75 to $7.05.
Positive Outlook
- Reported Revenue between $1,140 million and $1,160 million for Q2 2021
- Reported Revenue Growth between 16.0% and 18.0% for Q2 2021
- Local Currency Growth between 13.9% and 15.9% for Q2 2021
- Organic Local Currency Growth between 11.9% and 13.9% for Q2 2021
- Adjusted Earnings Per Share between $1.60 and $1.70 for Q2 2021
Challenges Ahead
- U.S. Mortgage Market Inquiry Growth flat to 8% decline
Revenue & Expenses
Visualization of income flow from segment revenue to net income