Loading...
•
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.
Revenue by Segment
Revenue by Geographic Location
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...