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Equifax Inc (EFX) SEC Filing 10-Q Quarterly report for the period ending Monday, September 30, 2019

Equifax Inc

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CIK: 33185 Ticker: EFX


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Exhibit 99.1
 
 
1550 Peachtree Street, N.W. Atlanta, Georgia 30309
  
NEWS RELEASE
Contact:
 
Trevor Burns
Wyatt Jefferies
Investor Relations
Media Relations
(404) 885-8804
(404) 885-8907
trevor.burns@equifax.com
wyatt.jefferies@equifax.com
 

ATLANTA, October 23, 2019
-- Equifax Inc. (NYSE: EFX) today announced financial results for the quarter ended September 30, 2019.

“The third quarter was another very positive step forward for Equifax with strong revenue growth at Workforce Solutions, much improved revenue growth at U.S. Information Solutions and a return to growth at Global Consumer Solutions,” said Mark W. Begor, Chief Executive Officer of Equifax. “During the quarter, we made meaningful additions to our differentiated data assets with the Urjanet partnership while continuing to progress on our multi-year $1.25 billion EFX2020 cloud technology and security transformation program. We continue to make positive steps toward our future as a market leading data, analytics, and technology company.”

Financial Results Summary

The company reported revenue of $875.7 million in the third quarter of 2019, up 5 percent compared to the third quarter of 2018 and up 7 percent on a local currency basis.

Net income attributable to Equifax of $81.1 million was up compared to net income attributable to Equifax of $38.4 million in the third quarter of 2018.

Third quarter diluted EPS attributable to Equifax was $0.66, up compared to $0.32 in the third quarter of 2018.


1
The following information was filed by Equifax Inc (EFX) on Wednesday, October 23, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Equifax Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover
Accumulated Other Comprehensive Loss Statement
Accumulated Other Comprehensive Loss Statement (Parenthetical)
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of (Loss) Income
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Equity And Other Comprehensive (Loss) Income
Consolidated Statements Of Changes In Equity And Other Comprehensive (Loss) Income (Parenthetical)
Consolidated Statements Of Comprehensive (Loss) Income
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss - Schedule Of Changes In Accumulated Other Comprehensive Income (Details)
Accumulated Other Comprehensive Loss - Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Loss (Details)
Benefit Plans
Benefit Plans (Details)
Benefit Plans (Tables)
Commitments And Contingencies
Commitments And Contingencies (Details)
Debt
Debt (Tables)
Debt - Narrative (Details)
Debt - Schedule Of Debt Outstanding (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Tables)
Goodwill And Intangible Assets - Narrative (Details)
Goodwill And Intangible Assets - Schedule Of Changes In Amount Of Goodwill (Details)
Goodwill And Intangible Assets - Schedule Of Estimated Future Amortization Expense (Details)
Goodwill And Intangible Assets - Schedule Of Purchased Intangible Assets (Details)
Income Taxes
Income Taxes (Details)
Leases
Leases (Tables)
Leases - Effect Of Adoption On Key Financial Statements (Details)
Leases - Estimated Future Minimum Payment Obligations For Operating Leases (Details)
Leases - Narrative (Details)
Leases - Other Information (Details)
Restructuring Charges
Restructuring Charges (Details)
Revenue
Revenue (Tables)
Revenue - Disaggregation Of Revenue (Details)
Revenue - Remaining Performance Obligation (Details)
Segment Information
Segment Information (Tables)
Segment Information - Narrative (Details)
Segment Information - Operating Revenue And Operating Income By Operating Segment (Details)
Segment Information - Total Assets By Operating Segments (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Items Measured At Fair Value On Recurring Basis (Details)
Summary Of Significant Accounting Policies - Narrative (Details)
Summary Of Significant Accounting Policies - Reconciliation Of Weighted-Average Outstanding Shares Used In Calculations Of Basic And Diluted Eps (Details)
Ticker: EFX
CIK: 33185
Form Type: 10-Q Quarterly Report
Accession Number: 0000033185-19-000033
Submitted to the SEC: Thu Oct 24 2019 3:17:49 PM EST
Accepted by the SEC: Fri Oct 25 2019
Period: Monday, September 30, 2019
Industry: Consumer Credit Reporting Collection Agencies

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