In addition to our short form post below are further details on Equifax’s regional and product line results.

Richard F. Smith, Equifax’s Chairman and Chief Executive Officer commented on Q3 results: “The strong performance we delivered in the third quarter is a direct reflection on the effectiveness of our business strategy and our ability to execute.  For the quarter, we grew revenue at double digit rates in our International (excluding Brazil), North America Personal Solutions, and North America Commercial Solutions businesses and at solid single digit rates in USCIS and TALX despite lower year-over-year activity in the mortgage market.  As we look to the future, the fundamentals of our business are strong, and I expect the performance we have delivered this year, including our outlook for the fourth quarter, to position us very well in 2012.”

Third Quarter 2011 Highlights:  Third quarter 2011 net income from continuing operations attributable to Equifax was $66.7 million, a 9 percent increase from the prior year.  Operating margin from continuing operations was 24.8 percent for the third quarter of 2011, up from 23.3 percent in the third quarter of 2010.

Equifax repurchased 1.4 million of its common shares on the open market for $43.9 million during the third quarter of 2011. At September 30, 2011, and the remaining authorization for future share repurchases was $179.3 million.

U.S. Consumer Information Solutions (USCIS):  Total revenue was $202.0 million in the third quarter of 2011 compared to $194.0 million in the third quarter of 2010, an increase of 4 percent.  Online Consumer Information Solutions revenue was $135.5 million, up 6 percent from a year ago.  Mortgage Solutions revenue was $32.0 million, consistent with a year ago.

Consumer Financial Marketing Services revenue was $34.5 million, up 3 percent when compared to a year ago.  Operating margin for USCIS was 36.6 percent in the third quarter of 2011 compared to 37.2 percent in the third quarter of 2010.

International:  Total revenue was $118.6 million in the third quarter of 2011, a 3 percent decrease over the third quarter of 2010. In local currency, revenue was down 7 percent compared to the third quarter of 2010. On a non-GAAP basis, excluding Brazil, revenue grew 17 percent on a reported basis and 12 percent on a local currency basis.

Latin America revenue was $45.1 million, down 25 percent in local currency and down 24 percent in U.S. dollars from a year ago. On a non-GAAP basis, excluding Brazil, revenue grew 16 percent in local currency and 18 percent in U.S dollars from a year ago.

Europe revenue was $40.7 million, up 11 percent in local currency and 16 percent in U.S. dollars from a year ago.

Canada Consumer revenue was $32.8 million, up 9 percent in local currency and 16 percent in U.S. dollars from a year ago.

Operating margin for International was 29.3 percent in the third quarter of 2011 compared to 25.2 percent in the third quarter of 2010.

TALX:  Total revenue was $102.8 million in the third quarter of 2011, a 4 percent increase over the third quarter of 2010.  The Work Number revenue was $57.2 million, up 4 percent when compared to a year ago.  Tax and Talent Management Services revenue was $45.6 million, up 4 percent from a year ago.

Operating margin for TALX was 23.0 percent in the third quarter of 2011 compared to 22.9 percent in the third quarter of 2010 and 21.6 percent in the second quarter of 2011.

North America Personal Solutions:  Revenue was $45.5 million, a 14 percent increase from the third quarter of 2010. Operating margin was 32.8 percent, up from 31.9 percent in the third quarter of 2010.

North America Commercial Solutions:  Revenue was $21.5 million, up 16 percent in local currency and up 18 percent in U.S. dollars compared to the third quarter of 2010. Operating margin was 23.6 percent, compared to 17.9 percent in the third quarter of 2010.

Source:  Equifax Press Release