It provided in february, executives said tuesday april during equifax’s quarterly earnings call.Two-thirds of the . Outperformance came from the company’s non-mortgage business and one-third from its mortgage business, equifax ceo . Mark w. Begor said during the call.Equifax saw its non-mortgage revenue grow , driven by . Strong gains in its talent solutions and consumer lending businesses and better-than-expected gains in its . Government business, according to a tuesday earnings release.
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The company’s u.S. Mortgage business saw revenue growth . During the quarter, per the release.Begor said during the call that he attributed this growth . To increasing penetration and performance of the company’s mortgage pre-qualification and austria phone number data pre-approval products, a market . That was about basis points higher than equifax expected in february, and a decline of . About basis points in mortgage rates in late february and march.“we believe this improvement was .
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Likely led by higher mortgage refi activity off the lower mortgage rates,” begor said during . The call.Equifax’s talent solutions business saw revenue why does a financier or accountant need sql? growth of during the quarter, which begor attributed . To “better hiring volumes in february and march, as well as easier comps versus first . Quarter last year.”the company sees opportunities to grow its government business due to the new . Administration’s emphasis on efficiency in the federal government. For example, equifax provides the social security .
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Administration with a solution that delivers income and employment information for people applying for or . Receiving disability benefits.“there’s a clear change in washington around social service and tax integrity, waste . And abuse, which we view as business sale lead a positive macro for workforce solutions,” begor said.While the . Company outperformed its february guidance, equifax did not change its full-year guidance because of the . Uncertain conditions in the macroeconomic environment and the markets caused primarily by tariffs, according to .
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The earnings release.“given the strength in the first quarter in our current run rates and . Key verticals, we would normally be increasing our revenue and adjusted eps guidance,” begor told . Analysts during the call. “but given the significant uncertainty in the economy and with consumer . And corporate confidence, we are maintaining our guidance at the levels we provided to you . In february.”recommendedequifax, earningsequifax: data for hiring and mortgage refis drive stronger-than-expected growthaws, microsoft slow down .