Equifax profit jumps on U.S. mortgage strength, maintains revenue outlook

Equifax reported a jump in first-quarter profit, helped by higher loan demand that lifted its U.S. mortgage business. The company also maintained its full-year revenue outlook, but cited macroeconomic uncertainty as a continued headwind. The update is modestly positive for fundamentals, though guidance was unchanged.

Analysis

Equifax reported a jump in first-quarter profit, helped by higher loan demand that lifted its U.S. mortgage business. The company also maintained its full-year revenue outlook, but cited macroeconomic uncertainty as a continued headwind. The update is modestly positive for fundamentals, though guidance was unchanged.