secwatch.observer — SEC 8-K summary
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Issuer:     EQUIFAX INC (EFX)
CIK:        0000033185
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0000033185-23-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equifax Q4 revenue down 4% to $1.198B; FY 2022 record $5.122B; 2023 guidance $5.325B rev, $7.20 adj EPS
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- Q4 2022 revenue $1.198B (-4% YoY); mortgage revenue dropped 41%; non-mortgage constant currency growth 12%.
- Full year 2022 revenue $5.122B (+4% YoY); adjusted EPS $7.56 (down 1% YoY).
- Workforce Solutions Q4 non-mortgage revenue grew 17%; USIS online non-mortgage up 19%.
- 2023 guidance: revenue midpoint $5.325B (~4% growth), adjusted EPS $7.20; expects 30% mortgage market decline.
- Announced $200M cost reduction in 2023 ($120M expense, $80M capital); offer to acquire Boa Vista in Brazil.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33185/000003318523000004/0000033185-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33185/000003318523000004/efx-20230208.htm
  HTML page:      https://secwatch.observer/filing/0000033185-23-000004

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