TransUnion (TRU) Releases Earnings Results, Beats Expectations By $0.06 EPS

TransUnion (TRU) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.32 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $0.26. The company posted revenue of $406.00 million in the period, compared to analysts expectations of $379.96 million. The company’s revenue was up 15.0% compared to the same quarter last year.

Many Wall Street Analysts have commented on TransUnion. Company shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 30 from a previous price target of $29 .Company shares were Reiterated by Stifel on Apr 14, 2016 to “Buy”, Firm has raised the Price Target to $ 31 from a previous price target of $29 .TransUnion was Initiated by Morgan Stanley to “Equal-Weight” on Feb 23, 2016.

TransUnion opened for trading at $27.35 and hit $27.848 on the upside on Friday, eventually ending the session at $27.55, with a gain of 0.33% or 0.09 points. The heightened volatility saw the trading volume jump to 1,59,512 shares. Company has a market cap of $5,025 M.

In a different news, on Mar 16, 2016, Steven M Tadler (director) sold 144,812 shares at $24.06 per share price. According to the SEC, on Mar 16, 2016, Christopher Egan (director) sold 150,175 shares at $24.06 per share price. On Jul 2, 2015, James M Peck (CEO) purchased 2,500 shares at $22.50 per share price, according to the Form-4 filing with the securities and exchange commission.

TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.


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