Earnings release
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April 21 , 2021 EQUIFAX Ⓡ Equifax Releases First Quarter 2021 Results ATLANTA , April 21 , 2021 / PRNewswire / -- Equifax Inc. ( NYSE : EFX ) today announced financial results for the quarter ended March 31 , 2021 . EQUIFAX • Highest ever quarterly revenue of $ 1.2 billion , up a record 27 % ; fifth consecutive quarter of double - digit revenue growth • Strong margin expansion and EPS growth • Workforce Solutions and USIS revenue growth of 59 % and 19 % , respectively , • compared to the first quarter of 2020 , with strong growth across both mortgage and non - mortgage businesses Completed five strategic , bolt - on acquisitions focused on core growth areas : Kount , HIREtech , i2Verify , AccountScore and CreditWorks • Continued progress on Equifax Cloud Data and Technology Transformation • Executing EFX2023 strategic framework leveraging EFX Cloud for innovation , new products , and growth • Increasing full - year revenue and EPS guidance " We delivered a powerful start to the year with our fifth consecutive quarter of strong double- digit revenue growth and continued margin expansion , building on the momentum from our record 2020 results . Our 27 % revenue growth was powered by our combined US B2B Business -- Workforce Solutions and USIS -- which delivered a combined 38 % revenue growth as we continued to significantly outpace the strong US mortgage market and deliver strong growth in our non - mortgage businesses , " said Mark W. Begor , Equifax Chief Executive Officer . " We continue to execute on our EFX2023 strategy , leveraging the EFX Cloud to drive new products , innovation and growth , while expanding our differentiated data sets and decisioning power to bring new and unique solutions to customers that only Equifax can deliver . Our strong outperformance , balance sheet and cash generation allowed us to reinvest in future growth by completing five bolt - on acquisitions during the quarter that enhanced our unique data assets and capabilities . We are confident in our outlook for 2021 , and are raising our full - year revenue guidance to a range of $ 4,575 million to $ 4,675 million , and our Adjusted EPS guidance to a range of $ 6.75 to $ 7.05 . " Financial Results Summary The company reported revenue of $ 1,213.0 million in the first quarter of 2021 , up 27 percent compared to the first quarter of 2020 on a reported basis and 25 percent on a local currency basis .