Equifax (EFX) Shares Skyrocket, What You Need To Know

Wendy's (WEN) +5% on private equity interest; Equifax (EFX) +6.4% after dividend declaration; Jack Henry (JKHY) +7.4% on earnings beat; PulteGroup (PHM) +4.6% on analyst rating; Stryker (SYK) +2.7% on $100M contract.

Equifax agreed to a proposed $100 million class-action settlement to compensate about 4 million consumers whose credit scores or other credit data were miscalculated due to a coding error. The issue affected scores sent to lenders from Mar 17 to Apr 8, 2022. Equifax denies wrongdoing and the deal awaits federal judge approval; payments depend on valid claims after fees and costs.

Equifax, according to court filings reported by WSB-TV, agreed to a proposed $100 million class-action settlement over a 2022 technology coding error that affected how some credit scores were calculated from March to April 2022. The settlement fund would compensate eligible consumers, pending federal court approval, and is separate from the 2017 data breach settlement.

Equifax agreed to acquire Mexico credit bureau Círculo de Crédito for $750 million, aiming to expand its Latin America credit, identity, and fraud prevention offerings. Círculo serves 1,700+ customers and has about 80 million validated identities and 2 billion credit tradelines. It generated an estimated $134 million revenue and $62 million adjusted EBITDA (12 months ended June 30, 2026). Closing is expected in Q4 2026, pending approvals.

Equifax (EFX) shares rose about 6.3% after a prior post-earnings selloff, as investors reassessed the quarter. The company reported Q2 2026 revenue growth of 11%, beat profit expectations, and said it is doubling AI cost savings to $150 million. Equifax also agreed to acquire Mexico’s Círculo de Crédito and returned $366 million via buybacks and dividends.

Equifax shares fell about 7% after the company issued weaker Q3 guidance. Equifax projected adjusted earnings of $2.15 to $2.25 per share, below Wall Street expectations, and cited a more challenging macro environment. The guidance points to slower credit activity, which can reduce demand for credit reports and risk tools.