Story perspectives

Equifax Q4 Revenue Rises 7%, Shares Drop 6.5%

2/6/2025

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Summary

Story summary

Equifax's Q4 revenue increased by 7%, falling short of estimates due to a sluggish hiring market and mortgage growth, resulting in a 6.5% drop in shares.
The workforce solutions segment grew 7% to $598.1 million, hindered by decreased demand from hiring slowdowns.
CEO Mark Begor highlighted that 85% of revenue now comes from the Equifax Cloud, focusing on growth and innovation.
Mortgage revenue rose 29% but did not meet expectations; forecasts indicate a 12% decline in mortgage inquiries for 2025.

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Story summary

Equifax's Q4 revenue increased by 7%, falling short of estimates due to a sluggish hiring market and mortgage growth, resulting in a 6.5% drop in shares.
The workforce solutions segment grew 7% to $598.1 million, hindered by decreased demand from hiring slowdowns.
CEO Mark Begor highlighted that 85% of revenue now comes from the Equifax Cloud, focusing on growth and innovation.
Mortgage revenue rose 29% but did not meet expectations; forecasts indicate a 12% decline in mortgage inquiries for 2025.