Equifax Inc Stock Price, News & Analysis

Equifax (NYSE: EFX) has unveiled a redesigned U.S. consumer credit report featuring enhanced visual elements and improved readability. The new report includes the VantageScore 3.0 credit score and incorporates color-coded sections and graphics to replace traditional text-heavy formats. Key improvements include a summary section explaining score calculation, comprehensive views of current and past credit activity, and insights into factors affecting credit scores. The redesign, implemented in response to consumer feedback, aligns with the visual experience available through the myEquifax mobile app and digital platform, powered by The Equifax Cloud. This initiative reflects Equifax's commitment to helping consumers better understand and manage their financial health through more accessible and user-friendly credit reporting.

Equifax (NYSE: EFX) has launched B2bConnect, a cloud-based commercial marketing data solution on the Equifax Cloud™. The platform provides access to over 67 million U.S.-based business records to help B2B marketers improve their targeting and campaign efficiency. B2bConnect offers near real-time data delivery with comprehensive filtering and list-building features, allowing marketers to access demographics, business contacts, firmographics, and industry codes.

The solution enables quick identification of quality leads while maintaining compliance standards, with data available in various formats including Excel, CSV, Pipe Delimited, or Tab Delimited. The platform's user-friendly interface allows teams to customize data exports and save templates for future use, streamlining integration with existing CRM or marketing automation platforms.

Equifax (NYSE: EFX) has launched its new myEquifax™ mobile application for Android and iPhone devices, offering consumers enhanced control over their financial health monitoring. The app allows users to view their Equifax credit report, manage credit freezes and fraud alerts, and access their VantageScore 3.0 credit score through the free Equifax Core Credit™ service.

Key features include a "My Journey" section for tracking credit score milestones, biometric authentication, and access to educational resources through the Equifax Knowledge Center. The app is powered by The Equifax Cloud™, a global technology infrastructure representing a $1.5 billion multi-year investment. Paid subscribers will have additional access to multi-bureau reports, scores, and identity restoration services.

Future updates will include personalized finance feedback and insights to help users better understand their credit journey.

Equifax (NYSE: EFX) has announced its upcoming 2025 Investor Day, scheduled for Tuesday, June 17, from 9:00 a.m. to 12:00 p.m. ET in New York City. The event will showcase presentations from senior leadership focusing on the company's EFX2027 Strategic Priorities. Key discussion topics will include:

• Leveraging Cloud capabilities to accelerate New Product Innovation
• Utilizing Equifax's differentiated data assets
• Investments in new products, data, and analytics
• EFX.AI capabilities development

The event will be accessible via live webcast, with registration available for investors and analysts.

Equifax (NYSE: EFX) has announced its leadership team's participation in multiple high-profile investor conferences this May. CEO Mark W. Begor and CFO John Gamble will attend three major financial events:

• Wells Fargo Financial Services Investor Conference (May 13)
• Bernstein Annual Strategic Decisions Conference (May 28)
• Deutsche Bank Annual Global Financial Services Conference (May 29)

Additionally, Trevor Burns, Senior VP of Corporate Investor Relations, will represent Equifax at two separate events:

• Barclays Americas Select Franchise Conference (May 6)
• Virtual Needham Technology, Media, & Consumer Conference (May 9)

Equifax (NYSE: EFX) reported strong Q1 2025 financial results with revenue of $1.442 billion, up 4% (5% in local currency) compared to Q1 2024, exceeding guidance by $37 million. Net income rose 7% to $133.1 million, with diluted EPS of $1.06.

Key segment performance:

• Workforce Solutions revenue grew 3%, with Verification Services up 5%
• USIS revenue increased 7%, with strong mortgage revenue growth of 11%
• International revenue rose 7% in local currency

The Board authorized a $3 billion share repurchase program to be completed over 4 years and increased quarterly dividend by 28% to $0.50 per share. The company maintains its full-year 2025 guidance with expected local currency revenue growth of 6% and adjusted EPS of $7.45, despite macroeconomic uncertainties. Equifax has achieved over 85% revenue migration to their Cloud platform.

Equifax (NYSE: EFX) has published its third annual 2024 Global Consumer Credit Trends report, analyzing consumer credit data from 10 countries including Australia, Brazil, Canada, India, Spain, and the United States. The report, powered by the Equifax Cloud™ and its custom data fabric, represents a $1.5 billion technology investment.

Key findings indicate slow recovery from high inflation across regions, with varied impacts across populations. Notable trends include:

• Australia's first cash rate reduction in 4 years
• India's mortgage lending grew 7% YoY, with non-mortgage debt up 45%
• Spain's GDP grew 0.8% QoQ and 3.2% YoY
• Canada's new mortgage originations increased 39% YoY

The report highlights steady global consumer credit demand, with consumers trending toward unsecured credit while mortgage markets show controlled recovery.

Equifax (NYSE: EFX) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 22, 2025, at 6:30 a.m. ET. The company will host a conference call at 8:30 a.m. ET on the same day, where senior management will discuss the quarter's financial and business results.

Presentation materials will be available on investor.equifax.com concurrent with the earnings release. The conference call can be accessed via US/Canada dial-in numbers (877-559-1190 / +1 201-389-0916) with international toll-free numbers available. Participants should dial in 5-10 minutes before the call. An audio replay will be accessible on investor.equifax.com starting April 23.

Equifax (NYSE: EFX) has published its 2024 Security Annual Report, showcasing its fifth consecutive year of cybersecurity achievements and innovations. The report highlights the company's robust security measures, including:

• Defense against 15 million daily cybersecurity threats (175 attempts per second), marking a 25% increase from 2023
• Implementation of passwordless authentication for nearly 22,000 global employees and contractors
• Completion of 210,000 simulations with a 2.9% click rate in targeted phishing tests
• Achievement of under one-minute mean-to-detect time for potential intrusions

The company outperformed major industry benchmarks in security maturity scores and maintained a security posture exceeding Technology and Financial Services industry averages. In 2024, Equifax launched over 100 new product innovations while maintaining its security standards.