TransUnion (TRU) Beats Both on Q3 Earnings and Revenues

TRU

Chicago, IL-based TransUnion (TRU - Free Report) is a consumer information services company that offers data and analytics solutions, particularly in credit risk management. The company is one of the three largest credit reporting agencies in the U.S.

However, TRU caters to a highly competitive market. Its competitors widely vary according to its business segment, geographical market and industry vertical that its solutions address. The high degree of competition restricts its pricing power to some degree.

In the last four trailing quarters, TRU has managed to beat estimates all four times, registering a positive average earnings surprise of 10.84%.

Currently, TRU has a Zacks Rank #2 (Buy), but that could definitely change following latest third-quarter 2016 earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: TRU reported adjusted EPS of 38 cents, which beat the Zacks Consensus Estimate by 4 cents.

Revenue: Revenues beat. TRU reported revenues of $437.6 million, compared to Zacks Consensus Estimate of $426 million.

Key Stats to Note: TRU saw double digit growth in revenues from USIS and Internationally. Acquisitions accounted for a 2% increase in revenue during the quarter. For the fourth-quarter, the company expects revenues to be in the range $421 million and $426 million, whereas adjusted EPS is expected to be in the range 34-35 cents.

Stock Price: Shares did not show any change in the pre-market trading following the release at the time of this write-up.

Check back our full write up on this TRU earnings report later!

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