Equifax shares jumped 11.5% by 11:25 a.m. ET Tuesday after the company beat earnings expectations, reporting adjusted EPS of $2.26 versus the $2.20 analysts forecast, with sales of $1.69 billion meeting expectations. Third-quarter revenue rose 10%, led by a 15% gain in U.S. mortgage and a 20% jump in talent solutions, while net income surged 32% and GAAP EPS climbed 39% to $1.79. However, high interest rates are dampening mortgage demand, prompting Equifax to cut its full-year revenue guidance to a midpoint of about $6.66 billion, still 9.6% growth, with adjusted EPS expected around $8.50. Free cash flow so far this year totals $763 million, about 33% above reported net income.
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