Equifax (NYSE:EFX) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Equifax (NYSE:EFX) issued its quarterly earnings results on Tuesday. The credit services provider reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.05, Briefing.com reports. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same period last year, the company posted $2.00 EPS. Equifax’s revenue was up 10.6% on a year-over-year basis. Equifax updated its Q3 2026 guidance to 2.150-2.250 EPS and its FY 2026 guidance to 8.390-8.690 EPS.

Here are the key takeaways from Equifax’s conference call:

• Equifax beat second-quarter expectations, with revenue of $1.7 billion up 11% reported and EPS up 13% to $2.25. Management also highlighted strong margin execution, with EBITDA margin ex-FICO up 120 basis points year over year.
• AI is becoming a larger earnings driver across both products and operations. Equifax doubled its AI-related productivity savings target to $150 million from 2026-2028 and said over half of first-half new products now embed AI capabilities.
• Workforce Solutions and government bookings were strong, including about $300 million of state-government contracts signed in the last four months. Management said the new deals and renewals should mostly benefit 2027 growth, with pipeline still running about 2x last year.
• Mortgage remains a mixed picture: U.S. mortgage revenue outperformed the weaker market, but higher rates pressured overall originations and management now expects only low-single-digit industry growth. Equifax continues pushing VantageScore adoption, though revenue impact is still small for now.
• Equifax announced a $750 million acquisition of Círculo de Crédito in Mexico, describing it as accretive in year one and consistent with its bolt-on M&A strategy. The company also reiterated full-year free cash flow of over $1 billion and ongoing share repurchases while keeping leverage below 3x EBITDA.

Equifax Stock Down 4.4%

EFX opened at $172.23 on Wednesday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.89. The firm has a 50 day moving average price of $165.31 and a 200-day moving average price of $183.40. Equifax has a twelve month low of $150.74 and a twelve month high of $271.84. The stock has a market capitalization of $20.51 billion, a price-to-earnings ratio of 30.32, a PEG ratio of 1.36 and a beta of 1.32.

Equifax Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 22nd were paid a $0.56 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. Equifax’s payout ratio is currently 39.44%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $265.00 target price on shares of Equifax in a research note on Tuesday, July 7th. Citigroup cut their price target on Equifax from $256.00 to $238.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Mizuho lowered their price objective on Equifax from $222.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, July 2nd. Weiss Ratings raised Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $194.00 price target on shares of Equifax in a report on Wednesday. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Equifax presently has an average rating of “Moderate Buy” and a consensus price target of $220.16.

More Equifax News

Here are the key news stories impacting Equifax this week:

• Positive Sentiment: Equifax posted Q2 revenue of $1.70 billion, up 11% year over year, and adjusted EPS of $2.25, topping estimates. Management also highlighted strong performance in Workforce Solutions and mortgage-related businesses, plus early AI-driven efficiency gains that doubled the company’s cost-savings target to $150 million. Article title
• Positive Sentiment: Analyst sentiment remains supportive, with William Blair reiterating a Buy rating and pointing to Workforce Solutions strength and operating leverage as offsets to near-term government softness. Article title
• Neutral Sentiment: Equifax said it is expanding AI use internally to improve productivity and lower costs, which could support margins over time but is still early in execution. Article title
• Negative Sentiment: Shares are under pressure because Q3 and full-year 2026 guidance came in below expectations, suggesting a more challenging near-term operating environment, especially in government and mortgage-related demand. Article title
• Negative Sentiment: Margins were hurt by a $100 million legal settlement accrual tied to a previously disclosed coding issue, adding another headwind for investors to weigh. Article title

Insider Activity at Equifax

In other news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $172.40, for a total value of $6,515,168.40. Following the transaction, the chief executive officer directly owned 271,730 shares in the company, valued at $46,846,252. This trade represents a 12.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $173.89, for a total value of $426,899.95. Following the sale, the executive vice president owned 29,518 shares of the company’s stock, valued at approximately $5,132,885.02. This trade represents a 7.68% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its position in Equifax by 49.2% during the fourth quarter. Brighton Jones LLC now owns 3,638 shares of the credit services provider’s stock valued at $927,000 after buying an additional 1,200 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Equifax in the fourth quarter worth approximately $204,000. Great Lakes Advisors LLC purchased a new position in shares of Equifax during the 1st quarter worth $204,000. Zions Bancorporation National Association UT grew its position in shares of Equifax by 100.8% during the 4th quarter. Zions Bancorporation National Association UT now owns 767 shares of the credit services provider’s stock valued at $166,000 after acquiring an additional 385 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Equifax by 16.9% in the 2nd quarter. Geneos Wealth Management Inc. now owns 401 shares of the credit services provider’s stock worth $104,000 after purchasing an additional 58 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Equifax Company Profile

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.

The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.