** Shares of credit reporting agency Equifax EFX.N up 11.2% to $239.40 and among best S&P 500 .SPX performers early Tues after qtrly earnings topped Wall Street estimates and it unveiled new stock buyback
** EFX shares hit three-week high and on course for biggest daily pct gain since Nov 10, 2022
** Atlanta, Georgia-based co posted Q1 adj EPS of $1.53, beating Street consensus by 13 cents, while rev rose ~4% y/y to $1.44 bln, roughly inline with analysts' expectations
** U.S. mortgage inquiries fell 9% in the qtr from a year ago, better than co's anticipation of a 13% decline
** Co also announced new $3 bln share repurchase program and bumped its qtrly cash dividend by 28% to $0.50/sh
** For 2025, it maintained its forecast of $5.91-$6.03 bln in rev and $7.25-$7.65 in adj EPS
** Of 22 analysts covering EFX, recommendation breakdown is 16 "strong buy" or "buy" and 6 "hold"; median PT is $280.50 - LSEG data
** With move on the session, shares down ~6% YTD vs SPX decline of ~11%
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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