secwatch.observer — SEC 8-K summary
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Issuer:     EQUIFAX INC (EFX)
CIK:        0000033185
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0000033185-22-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equifax Q1 revenue $1.36B (+12% YoY); cuts FY2022 guidance on mortgage decline
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- Q1 revenue $1.363B (record, +12% YoY); diluted EPS $1.80, adjusted EPS $2.22.
- Workforce Solutions revenue $649M (+33%); Verification Services $513.3M, Employer Services $135.7M.
- FY2022 revenue guidance cut to ~$5.2B (midpoint), adjusted EPS to $8.15; expects 33.5% decline in US mortgage inquiries.
- Acquired Efficient Hire (employer services) and Data-Crédito (Dominican Republic credit bureau).
- USIS down 6% to $432.9M; International up 10% local currency to $281.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33185/000003318522000019/0000033185-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33185/000003318522000019/efx-20220420.htm
  HTML page:      https://secwatch.observer/filing/0000033185-22-000019

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