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 thrice, registering a positive average earnings surprise of 13.6%.
Currently, TRU has a Zacks Rank #3 (Hold), but that could definitely change following the latest first-quarter 2017 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 42 cents, which comfortably beat the Zacks Consensus Estimate of 36 cents.
Revenues: TRU beats on revenues. The company reported revenues of $455 million, compared to Zacks Consensus Estimate of $444 million.
Key Stats to Note: TRU saw double digit growth in revenues and adjusted earnings on diligent execution of operational plans. TRU further increased its guidance for full year 2017 and currently expects adjusted earnings in the range of $1.74 to $1.79 per share on revenues in the range of $1.845 billion and $1.86 billion.
Stock Price: Shares were up in the pre-market trading following the release at the time of this write-up on healthy earnings beat and bullish guidance.
Check back our full write up on this TRU earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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 thrice, registering a positive average earnings surprise of 13.6%.
Currently, TRU has a Zacks Rank #3 (Hold), but that could definitely change following the latest first-quarter 2017 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 42 cents, which comfortably beat the Zacks Consensus Estimate of 36 cents.
Revenues: TRU beats on revenues. The company reported revenues of $455 million, compared to Zacks Consensus Estimate of $444 million.
Key Stats to Note: TRU saw double digit growth in revenues and adjusted earnings on diligent execution of operational plans. TRU further increased its guidance for full year 2017 and currently expects adjusted earnings in the range of $1.74 to $1.79 per share on revenues in the range of $1.845 billion and $1.86 billion.
Stock Price: Shares were up in the pre-market trading following the release at the time of this write-up on healthy earnings beat and bullish guidance.
Check back our full write up on this TRU earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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