Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Equifax Inc.'s strong start in 2024 is evident from its Q1 reported revenue of $1.389 billion, up 7%, resulting from sustained strength in mortgage revenue and global non-mortgage businesses.</li><li>Equifax's adjusted EBITDA margins of 29.1% were also slightly above expectations.</li><li>Moreover, their adjusted earnings per share (EPS) of $1.50 a share exceeded the high end of their guidance.</li></ul>

Equifax Inc.'s strong start in 2024 is evident from its Q1 reported revenue of $1.389 billion, up 7%, resulting from sustained strength in mortgage revenue and global non-mortgage businesses.Equifax's adjusted EBITDA margins of 29.1% were also slightly above expectations.Moreover, their adjusted earnings per share (EPS) of $1.50 a share exceeded the high end of their guidance.

Equifax Inc.: Successful price/product strategy in the face of competition and customer price sensitivity! - Major Drivers

<ul><li>Equifax Inc. performed well last year amid one of the most challenging mortgage markets in the last 20+ years with mortgage inquiries down by 34% and a $500 million decline in mortgage revenue.</li><li>Despite this, the company achieved 2% organic constant currency revenue growth, driven by a 7% growth in non-mortgage revenue.</li><li>Additionally, they introduced over 100 new products and increased their vitality index to 14%.</li></ul>

Equifax Inc. performed well last year amid one of the most challenging mortgage markets in the last 20+ years with mortgage inquiries down by 34% and a $500 million decline in mortgage revenue.Despite this, the company achieved 2% organic constant currency revenue growth, driven by a 7% growth in non-mortgage revenue.Additionally, they introduced over 100 new products and increased their vitality index to 14%.

Equifax Inc: New Innovations & Its Core Strategy To Achieving Leadership Global Data & Analytics! - Major Drivers

<ul><li>Equifax's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.</li><li>In Q3, Equifax reported revenue of $1.32 billion, representing a 6% increase on a reported basis.</li><li>In this report, we have carried out a fundamental analysis of the historical financial statements of the company.</li></ul>

Equifax's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations.In Q3, Equifax reported revenue of $1.32 billion, representing a 6% increase on a reported basis.In this report, we have carried out a fundamental analysis of the historical financial statements of the company.

Equifax Inc.: Unlocking the Power of Cloud Transformation! - Major Drivers

<ul><li>Equifax delivered a mixed result in the recent quarter, with revenues below market expectations but managed to surpass the analyst consensus regarding earnings.</li><li>Last quarter, the company faced a challenge, particularly in the mortgage and hiring markets.</li><li>While the U.S. mortgage market weakened, they delivered adjusted EPS and EBITDA margins above guidance.</li></ul>

Equifax delivered a mixed result in the recent quarter, with revenues below market expectations but managed to surpass the analyst consensus regarding earnings.Last quarter, the company faced a challenge, particularly in the mortgage and hiring markets.While the U.S. mortgage market weakened, they delivered adjusted EPS and EBITDA margins above guidance.

Equifax Inc: 4 Key Takeaways From The Recent Performance - Financial Forecasts

Equity Capital Markets

<ul><li>Equifax produced another all-around beat, growing non-mortgage revenue by 10% in constant currency as it met its Equifax 2025 strategic targets and the $200 million spending plan.</li><li>Equifax's non-mortgage businesses, which accounted for roughly 80% of overall revenue in the quarter, performed well.</li><li>Workforce Solutions once again delivered an excellent quarter, with non-mortgage revenue growth up 11% and total revenue down 8%.</li></ul>

Equifax produced another all-around beat, growing non-mortgage revenue by 10% in constant currency as it met its Equifax 2025 strategic targets and the $200 million spending plan.Equifax's non-mortgage businesses, which accounted for roughly 80% of overall revenue in the quarter, performed well.Workforce Solutions once again delivered an excellent quarter, with non-mortgage revenue growth up 11% and total revenue down 8%.

Equifax Inc.: Leveraging The New Mortgage 36 Solution to Boost Its NPI – Key Drivers

United States

Equifax Inc. brings buyers and sellers together through its information management, transaction processing, direct marketing, and customer relationship management businesses. The company serves the financial services, retail, credit card, telecommunications/utilities, transportation, information technology and healthcare industries and government.

Equifax Inc (EFX US)

Equifax Inc.: Successful price/product strategy in the face of competition and customer price sensitivity! - Major Drivers

Equifax Inc.'s strong start in 2024 is evident from its Q1 reported revenue of $1.389 billion, up 7%, resulting from sustained strength in...

Baptista Research

Equifax Inc: New Innovations & Its Core Strategy To Achieving Leadership Global Data & Analytics! - Major Drivers

Equifax Inc. performed well last year amid one of the most challenging mortgage markets in the last 20+ years with mortgage inquiries down by 34%...

Baptista Research

Equifax Inc.: Unlocking the Power of Cloud Transformation! - Major Drivers

Equifax's results were a major disappointment as the company failed to meet Wall Street's revenue and earnings expectations. In Q3, Equifax...

Baptista Research

Equifax Inc: 4 Key Takeaways From The Recent Performance - Financial Forecasts

Equifax delivered a mixed result in the recent quarter, with revenues below market expectations but managed to surpass the analyst consensus...

Baptista Research

Equifax Inc.: Leveraging The New Mortgage 36 Solution to Boost Its NPI – Key Drivers

Equifax produced another all-around beat, growing non-mortgage revenue by 10% in constant currency as it met its Equifax 2025 strategic targets...

Baptista Research