TransUnion (NYSE:TRU) Expected to Post Earnings of $0.71 Per Share
Equities research analysts forecast that TransUnion (NYSE:TRU) will report $0.71 earnings per share for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for TransUnion’s earnings. The highest EPS estimate is $0.72 and the lowest is $0.69. TransUnion posted earnings of $0.65 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 9.2%. The firm is scheduled to report its next quarterly earnings results on Tuesday, October 22nd.
On average, analysts expect that TransUnion will report full-year earnings of $2.70 per share for the current fiscal year, with EPS estimates ranging from $2.64 to $2.75. For the next year, analysts forecast that the firm will report earnings of $3.08 per share, with EPS estimates ranging from $3.01 to $3.23. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover TransUnion.
TransUnion (NYSE:TRU) last announced its quarterly earnings data on Tuesday, July 23rd. The business services provider reported $0.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.08. The company had revenue of $661.90 million during the quarter, compared to analyst estimates of $644.73 million. TransUnion had a net margin of 12.84% and a return on equity of 22.94%. The firm’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period last year, the business earned $0.62 EPS.
Shares of TRU stock opened at $84.28 on Wednesday. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 3.41 and a beta of 1.00. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.64 and a current ratio of 1.51. TransUnion has a 1-year low of $52.15 and a 1-year high of $84.71. The business’s fifty day moving average is $73.80.
In other news, CAO Timothy Elberfeld sold 2,500 shares of TransUnion stock in a transaction dated Tuesday, July 23rd. The shares were sold at an average price of $80.00, for a total value of $200,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 8,242 shares of the company’s stock, valued at approximately $659,360. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Christopher A. Cartwright sold 36,082 shares of TransUnion stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $65.86, for a total transaction of $2,376,360.52. Following the completion of the transaction, the executive vice president now directly owns 209,625 shares of the company’s stock, valued at $13,805,902.50. The disclosure for this sale can be found here. Insiders sold a total of 55,411 shares of company stock valued at $3,758,244 over the last ninety days. Company insiders own 0.92% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in shares of TransUnion by 30.9% in the 1st quarter. BlackRock Inc. now owns 13,323,169 shares of the business services provider’s stock valued at $890,520,000 after buying an additional 3,143,801 shares during the period. Principal Financial Group Inc. lifted its position in TransUnion by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 5,656,847 shares of the business services provider’s stock valued at $378,104,000 after purchasing an additional 125,231 shares during the last quarter. William Blair Investment Management LLC lifted its position in TransUnion by 12.6% in the 1st quarter. William Blair Investment Management LLC now owns 3,167,806 shares of the business services provider’s stock valued at $211,736,000 after purchasing an additional 355,272 shares during the last quarter. TimesSquare Capital Management LLC lifted its position in TransUnion by 13.4% in the 1st quarter. TimesSquare Capital Management LLC now owns 2,811,680 shares of the business services provider’s stock valued at $187,933,000 after purchasing an additional 331,180 shares during the last quarter. Finally, Norges Bank bought a new stake in TransUnion in the 4th quarter valued at about $132,399,000.
TransUnion Company Profile
TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.
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