Equifax Inc. revised revenue guidance for the full year 2022. For the year, the company expects revenue to be low end of $5.15 billion to high end of $5.25 billion. Due to decline in the U.S. mortgage market would negatively impact guidance for revenue growth by over 350 basis points, or $175 million, at the mid-point of guidance, but given strong First Quarter, the company are expecting higher non-mortgage revenue growth to offset just under half of this impact, by about 150 basis points, or $75 million.

The net impact is a $100 million reduction in guidance for 2022 revenue growth, with a resulting midpoint in guidance for 2022 revenue of $5.2 billion.