Sees FY25 adjusted EBITDA margin up 25 basis points. Says mortgage was stronger than expected. Says despite strong Q1 and Q2 guidance, maintaining FY25 guidance due to economic and market Uncertainty. Says launched first ever OnlyEquifax (EFX) solution in mortgage with auto expected in the second half. Says capital expenditure spend shifting to innovation. Says could grow revenue 5%-10% in a recession. Comments and guidance taken from Q1 earnings conference call.
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Read More on EFX:
- Equifax’s Strong Q1 Performance and Positive Outlook Justify Buy Rating
- Equifax backs FY25 adjusted EPS view $7.25-$7.65, consensus $7.48
- Equifax announces $3B stock repurchase program
- Equifax increases quarterly dividend 28% to 50c per share
- Equifax sees Q2 adjusted EPS $1.85-$1.95, consensus $1.89
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