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TransUnion (TRU) to Post Q3 Earnings: What's in the Offing?

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TransUnion (TRU - Free Report) is slated to report third-quarter 2022 results on Oct 25 before the bell.

The company’s earnings surprise history has not been impressive. It missed the Zacks Consensus Estimate in one of the trailing four quarters, matched twice and surpassed the same once, delivering a negative earnings surprise of 0.35%, on average.

Expectations This Time Around

The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $943.8 million, indicating growth of 19.2% from the year-ago quarter’s reported number. The top line is expected to have benefited from growth in all segments and recent acquisitions.

The consensus mark for adjusted EPS stands at 92 cents, indicating an 8.9% year-over-year decline. The bottom line is likely to have been negatively impacted by weak margin performance.

What Our Model Says

Our proven Zacks model does not conclusively predict an earnings beat for TransUnion this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

TransUnion has an Earnings ESP of -0.69% and Zacks Rank #4 (Sell).

TransUnion Price and EPS Surprise

TransUnion Price and EPS Surprise

TransUnion price-eps-surprise | TransUnion Quote

Stocks That Warrant a Look

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on their earnings this season:

Gartner, Inc. (IT - Free Report)  has an Earnings ESP of +1.89% and a Zacks Rank #3.

Gartner has an expected revenue growth rate of 13.7% and 10.3% for the current and the next year, respectively. IT has a trailing four-quarter earnings surprise of 25.3%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.

Trane Technologies plc (TT - Free Report) has an Earnings ESP of +2.09% and a Zacks Rank of 3.

Trane Technologies has an expected earnings growth rate of 16.3% for the current year. TT has a trailing four-quarter earnings surprise of 3.9%, on average.

Riot Blockchain (RIOT - Free Report)  has an Earnings ESP of +125.49% and is Zacks #3 Ranked.

Riot has an expected revenue growth rate of 41.2% for the current year and 69.1% for the next year.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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