secwatch.observer — SEC 8-K summary
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Issuer:     EQUIFAX INC (EFX)
CIK:        0000033185
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000033185-23-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equifax Q3 rev up 6% to $1.319B; cuts FY guidance on mortgage headwinds
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- Revenue $1.319B (+6% reported, +7% local currency); Adjusted EPS $1.76 (+2% YoY).
- Net income $162.2M, down 2%; Diluted EPS $1.31, down 2% YoY.
- FY2023 guidance cut: revenue midpoint $5.256B, Adjusted EPS $6.67.
- Expect full-year mortgage credit inquiries down ~34% (prior ~30%).
- Closed Boa Vista Serviços acquisition (2nd largest Brazilian credit bureau); cloud savings $210M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33185/000003318523000040/0000033185-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33185/000003318523000040/efx-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000033185-23-000040

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