# Equifax trims revenue outlook as management cites AI cost savings

_Published Tuesday, October 20, 2026 at 7:18 AM EDT · Products · Latest · Tier 2 — Notable_

![Equifax trims revenue outlook as management cites AI cost savings — Primary](https://247wallst.com/og/card/01m5ceaq8wxm44dnz27k74ay44.png)

Equifax lowered its full-year revenue guidance midpoint to $6.661 billion as rising mortgage rates weakened its market late in the third quarter, 24/7 Wall St. reported. Management cut the adjusted earnings-per-share midpoint by four cents to $8.50, crediting AI-driven cost efficiencies with largely offsetting margin pressure from weaker mortgage volumes.

U.S. Information Solutions mortgage revenue grew 28%, which CEO Mark Begor attributed to market share gains. For the fourth quarter, Equifax forecast revenue of $1.605 billion to $1.635 billion and adjusted earnings per share of $2.07 to $2.17. Management expects the soft mortgage environment to persist through year-end.

## Sources

- [24/7 Wall St.](https://247wallst.com/cards/equifax-q3-2026-earnings-efx-01m5ceaq8wxm44dnz27k74ay44)

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Canonical: https://techandbusiness.org/newswire/GmtMBjRJoak5JZsNtgjsD_
Published: 2026-10-20T11:18:39.213Z
Story chronology: 2026-10-20T10:31:58.000Z
Retrieved: 2026-10-20T15:24:09.971Z
Publisher: Tech & Business (techandbusiness.org)