seven01trades
Oct 20, 6:43 PM
$EFX $FICO $TRU
EQUIFAX SURGES 10%+ DESPITE CUTTING REVENUE GUIDANCE
Equifax reported Q3 2026 results this morning.
KEY DEVELOPMENTS:
• Revenue:
$1.69B, up 10% year over year.
• Adjusted EPS:
$2.26 versus
$2.20 expected.
• U.S. mortgage-related revenue increased 15%.
• Full-year revenue guidance reduced to
$6.646B–
$6.676B.
• Full-year adjusted EPS guidance:
$8.45–
$8.55.
• Management reports accelerating adoption of VantageScore among mortgage lenders.
MARKET TAKEAWAY:
Despite weakness in the broader mortgage market, Equifax is demonstrating revenue growth and improving operating efficiency.
Investors are also watching VantageScore’s potential to gain market share from FICO.
The significant rally suggests investors are placing greater emphasis on underlying business performance and future opportunities than the reduced revenue forecast.
Source: Equifax Q3 earnings, October 20, 2026.
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