Equifax Inc. (NYSE:EFX) Q3 2023 Earnings Conference Call October 19, 2023 8:30 AM ET

Company Participants

Trevor Burns - SVP, Corporate IR

Mark Begor - CEO

John W. Gamble, Jr. - Corporate VP and CFO

Conference Call Participants

Manav Patnaik - Barclays

Andrew Steinerman - J.P. Morgan

Kelsey Zhu - Autonomous Research

Andrew Jeffrey - Truist Securities

Kyle Peterson - Needham & Company

Simon Clinch - Redburn Limited

Shlomo Rosenbaum - Stifel Nicolaus

Jeffrey Meuler - Robert W. Baird

Andrew Nicholas - William Blair

Craig Huber - Huber Research Partners

Faiza Alwy - Deutsche Bank AG

Toni Kaplan - Morgan Stanley

Ashish Sabadra - RBC Capital Markets

Seth Weber - Wells Fargo Securities

George Tong - Goldman Sachs

Heather Balsky - Bank of America

Operator

Hello and welcome to the Equifax Q3 2023 Earnings Conference Call. [Operator Instructions]. A question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to turn the call over to Trevor Burns, Senior Vice President, Head of Corporate Investor Relations. Trevor, please go ahead.

Trevor Burns

Thanks and good morning. Welcome to today's conference call. I'm Trevor Burns. With me today are Mark Begor, Chief Executive Officer; and John Gamble, Chief Financial Officer. Today's call is being recorded. An archive of the recording will be available later today in the IR Calendar section of the News & Events tab at our IR website investor.equifax.com. During the call today we'll be making reference to certain materials that can also be found in the Presentation section of the News & Events tab at our IR website. These materials are labeled 3Q 2023 earnings conference call.

Also, we’ll be making certain forward-looking statements, including fourth quarter and full-year 2023 guidance to help you understand Equifax and its business environment. These statements involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from our expectations. Certain Risk Factors that may impact our business are set forth in filings with the SEC, including our 2022 Form 10-K and subsequent filings.

We will also be referring certain non-GAAP financial measures, including adjusted EPS attributable to Equifax and adjusted EBITDA, which will be adjusted for certain items that affect the comparability of our underlying operational performance. Recently Equifax reached an agreement with the UK Financial Conduct Authority in relation to the 2017 cyber security incident. In connection with the agreement Equifax taken the charge in the third quarter of $14 million which is excluded from third quarter adjusted EBITDA and adjusted EPS. These non-GAAP financial measures are detailed in reconciliation tables, which are included in our earnings release and can be found in our financial results section of the financial info tab at our IR website.