Summary
This 8-K filing from Equifax Inc. (EFX) is an amendment to a previous 8-K filed on February 10, 2021. The amendment serves solely to correct a minor clerical error in the previously issued press release regarding financial results for the periods ending December 31, 2020. Specifically, the correction pertains to the guidance for the first quarter and full year 2021. The corrected statement clarifies the expected reported revenue growth for the full year 2021, now projecting a range between $4.350 and $4.450 billion, representing a growth of 5.4% to 7.8% compared to 2020, with an anticipated 1.5% positive impact from foreign exchange rates.
Key Highlights
- 1Amendment to a prior 8-K filing to correct a clerical error.
- 2The error was in the 2021 financial guidance provided in the press release.
- 3Corrected guidance for full year 2021 reported revenue is between $4.350 and $4.450 billion.
- 4This revenue guidance represents a projected growth of 5.4% to 7.8% compared to 2020.
- 5An expected 1.5% positive impact from foreign exchange is factored into the guidance.
- 6No other financial results or information from the original filing have been altered.
Frequently Asked Questions
The primary purpose of this 8-K filing is to amend a previous filing by correcting a clerical error in the financial guidance provided for the full year 2021. It does not introduce new financial results or materially change the overall financial picture presented in the original report.
The correction was made to a sentence in the '2021 First Quarter and Full Year Guidance' section of the press release. It clarifies the expected revenue growth rate for the full year 2021, ensuring accuracy in the reported growth figures and the impact of foreign exchange.
No, this filing explicitly states that it amends the Original 8-K solely for the purpose of correcting a clerical error in the 2021 guidance. The financial results for the periods ended December 31, 2020, as originally presented, remain unchanged.
Equifax expects its full year 2021 reported revenue to be between $4.350 and $4.450 billion. This range signifies a projected growth of 5.4% to 7.8% compared to 2020, including a 1.5% positive contribution from foreign exchange.