Equifax® (NYSE: EFX) will announce its financial results for the first quarter ended March 31, 2025, in a release to be issued on Tuesday, April 22, at 6:30 a.m. Eastern Time (ET).

Equifax reported strong financial results for the fourth quarter and full year ended December 31, 2024, despite challenges in the U.S. hiring and mortgage markets.

Key highlights include:

- Fourth Quarter Performance: Revenue for the fourth quarter was $1.419 billion, reflecting a 7% increase on a reported basis and 9% growth in local currency. This growth was led by a strong 29% increase in U.S. Mortgage revenue.
- Workforce Solutions: Revenue grew 7%, driven by a 10% increase in Verification Services, although Employer Services revenue declined by 9% due to weaker U.S. hiring.
- USIS: This segment saw over 10% revenue growth, primarily due to a 47% increase in Mortgage revenue.
- International Growth: Revenue from international markets grew 11% in local currency, with Latin America being a key driver.
- Cloud Migration: Equifax is nearing completion of its EFX Cloud migration, with close to 85% of its revenue now in the Cloud.
- Free Cash Flow: Free cash flow for the year was $813 million, an increase of 58% from 2023, positioning Equifax for further growth and shareholder returns through dividends and share repurchases in 2025.

For full-year 2024, Equifax reported:
- Revenue: $5.681 billion, an 8% increase compared to 2023.
- Diluted EPS: $4.84 per share, up from $4.40 in 2023.
- Net Income: $604.1 million, reflecting an 11% increase from the previous year.

2025 Guidance:
- Revenue: Expected to reach $5.95 billion, up 4.7%, with a constant currency organic growth of about 6%.
- Adjusted EPS: The midpoint expectation is $7.45 per share, a 2% increase from 2024, despite a predicted 12% decline in U.S. mortgage hard credit inquiries.

Equifax remains focused on its EFX2027 Strategic Priorities, leveraging its new Cloud capabilities and differentiated data assets to drive future growth.