Equifax Q3 2020 Earnings Report
Key Takeaways
Equifax reported a strong Q3 2020 with revenue reaching $1,068.3 million, a 22% increase compared to Q3 2019. Net income attributable to Equifax was $224.2 million, up 177% from $81.1 million in the same period last year. Diluted EPS attributable to Equifax was $1.82, compared to $0.66 in Q3 2019.
Equifax delivered its third consecutive quarter of strong, double digit growth and margin expansion.
The company generated over $1 billion of quarterly revenue for the first time.
Workforce Solutions income and employment business, enabled by accelerating new product innovation and record growth, and US Information Services business performed very well.
Results reflect the strength and resiliency of broad-based business model, differentiated assets, and the importance of data and analytics.
Equifax
Equifax
Equifax Revenue by Segment
Equifax Revenue by Geographic Location
Revenue & Expenses
Visualization of income flow from segment revenue to net income