By Natalie Weger
Shares of Equifax slid after the company said its increased earnings and revenue projections for the year mainly reflected foreign-exchange trends from an uncertain macroeconomic picture.
The stock was down 7.2%, at $240.93, midday Tuesday and has fallen 5.55% this year.
The Atlanta company, which maintains credit reports on millions of U.S. consumers and sells them to lenders, said it maintained its 2025 local currency revenue guidance midpoint expectation after seeing uncertainty in the economy and interest rates. The company posted a higher profit and revenue in the second quarter.
Equifax posted earnings of $191.3 million, or $1.53 a share. Revenue rose to $1.54 billion, topping analyst expectations, according to FactSet.
Write to Natalie Weger at natalie.weger@wsj.com
(END) Dow Jones Newswires
July 22, 2025 14:58 ET (18:58 GMT)
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