Equifax Q2 2020 Earnings Report
Key Takeaways
Equifax Inc. announced financial results for the quarter ended June 30, 2020, with a revenue of $982.8 million, up 12% compared to the second quarter of 2019. Net income attributable to Equifax was $95.9 million, up 44% compared to the previous year. Diluted EPS attributable to Equifax was $0.78, up from $0.55 in the second quarter of 2019.
Equifax delivered its second consecutive quarter of strong, double digit revenue growth and margin expansion.
Workforce Solutions income and employment business had its strongest results in over 10 years.
The results reflect the strength and resiliency of our business model and our differentiated data assets.
Equifax is positioned to continue investing in its three-year over $1.25 billion EFX 2020 cloud technology, data, and security transformation.
Equifax
Equifax
Equifax Revenue by Segment
Equifax Revenue by Geographic Location
Forward Guidance
This release contains forward-looking statements and forward-looking information. These statements can be identified by expressions of belief, expectation or intention, as well as statements that are not historical fact.
Revenue & Expenses
Visualization of income flow from segment revenue to net income