Equifax Q3 Revenue Up 10% but Full-Year Guidance Trimmed
EFX sits 22% above its 52-week low of $137.01.
Summary
Equifax reported Q3 revenue of $1.69B, up 10% year over year, with adjusted EPS of $2.26, up 11%, and GAAP EPS of $1.79. Net income was $211.7M, and the company returned $158 million of cash to shareholders. Growth was driven by an 8% rise in Diversified Markets revenue despite a challenging U.S. mortgage market, while U.S. mortgage revenue rose 15% and Workforce Solutions revenue rose 7%. The top and bottom lines extend the growth trend from Q2, when revenue rose 11% to $1.7B and adjusted EPS was $2.25. The offset is guidance: management trimmed its FY26 revenue outlook to a $6.661B midpoint and sees Q4 revenue of $1.61B-$1.64B, so the quarter beat on growth while the forward view softened. That mix is what matters for the stock — the company is still growing double digits, but the cut to the full-year number resets expectations for Q4. The release lands alongside an 8-K filed this morning and follows a September in which FHFA Director Bill Pulte publicly accused the three bureaus of overcharging, a regulatory overhang that remains unresolved.
At the time of this announcement, EFX was trading at $167.30 on NYSE in the Finance sector, with a market capitalization of approximately $18.6B. The 52-week trading range was $137.01 to $238.94. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.