Note: EPS may not be comparable

Equifax (NYSE: EFX) reported Q4 EPS of $1.42, $0.07 better than the analyst estimate of $1.35. Revenue for the quarter came in at $838.5 million versus the consensus estimate of $825.69 million.

Financial Results Summary

• The company reported revenue of $838.5 million in the fourth quarter of 2017, a 5 percent increase from the fourth quarter of 2016 and a 4 percent increase in local currency.
• Fourth quarter diluted EPS attributable to Equifax was $1.42, an increase of 40 percent as compared to the fourth quarter of 2016.
• Net income attributable to Equifax of $172.3 million was up 40 percent compared to the fourth quarter of 2016.

USIS fourth quarter results

• Total revenue was $313.0 million in the fourth quarter of 2017 a decrease of 1 percent from the fourth quarter of 2016. Operating margin for USIS was 41.6 percent in the fourth quarter of 2017, compared to 44.5 percent in the fourth quarter of 2016. Adjusted EBITDA margin for USIS was 48.5 percent in the fourth quarter of 2017 compared to 51.0 percent in the fourth quarter of 2016.
• Online Information Solutions revenue was $210.9 million, flat from a year ago.
• Mortgage Solutions revenue was $32.8 million, a decrease of 9 percent from a year ago.
• Financial Marketing Services revenue was $69.3 million, an increase of 1 percent when compared to a year ago.

International fourth quarter results

• Total revenue was $244.8 million in the fourth quarter of 2017, an increase of 15 percent from the fourth quarter of 2016 and an increase of 12 percent on a local currency basis. Operating margin for International was 16.6 percent in the fourth quarter of 2017 compared to 15.1 percent in the fourth quarter of 2016. Adjusted EBITDA margin for International was 28.3 percent in the fourth quarter of 2017 compared to 30.3 percent in the fourth quarter of 2016.
• Asia Pacific revenue was $79.2 million, up 12 percent from the fourth quarter of 2016 and up 10 percent on a local currency basis.
• Europe revenue was $74.5 million, up 17 percent from the fourth quarter of 2016 and up 9 percent on a local currency basis.
• Latin America revenue was $55.2 million, up 16 percent from the fourth quarter of 2016 and up 19 percent on a local currency basis.
• Canada revenue was $35.9 million, up 18 percent from the fourth quarter of 2016 and up 12 percent on a local currency basis.

Workforce Solutions fourth quarter results

• Total revenue was $183.4 million in the fourth quarter of 2017, a 6 percent increase from the fourth quarter of 2016. Operating margin for Workforce Solutions was 39.9 percent in the fourth quarter of 2017 compared to 39.5 percent in the fourth quarter of 2016. Adjusted EBITDA margin for Workforce Solutions was 45.5 percent in the fourth quarter of 2017, compared to 45.8 percent in the fourth quarter of 2016.
• Verification Services revenue was $126.3 million, up 11 percent when compared to a year ago.
• Employer Services revenue was $57.1 million, down 5 percent when compared to a year ago.

Global Consumer Solutions fourth quarter results

• Revenue was $97.3 million, a 2 percent decrease from the fourth quarter of 2016 as well as on a local currency basis. Operating margin was 23.9 percent compared to 32.1 percent in the fourth quarter of 2016. Adjusted EBITDA margin was 32.4 percent compared to 34.5 percent in the fourth quarter of 2016.

For earnings history and earnings-related data on Equifax (EFX) click here.