TransUnion (TRU) Tops Q2 EPS by 3c, Offers Guidance, CFO to Depart

TransUnion (NYSE: TRU) reported Q2 EPS of $0.47, $0.03 better than the analyst estimate of $0.44. Revenue for the quarter came in at $475 million versus the consensus estimate of $464.48 million.

GUIDANCE:

TransUnion sees FY2017 EPS of $1.79-$1.82, versus the consensus of $1.77. TransUnion sees FY2017 revenue of $1.87-1.88 billion, versus the consensus of $1.86 billion.

“We also announced today that, effective August 18, Al Hamood, our CFO for nearly 10 years, is leaving to pursue other opportunities. Al has done an outstanding job in his tenure at TransUnion and has been a great friend and partner to me as we’ve transformed the company. I want to thank Al for all of his contributions and wish him well in his new endeavor,” Peck said.

“We’re very excited to announce that Todd Cello has been named our new CFO. Todd has been with TransUnion for almost 20 years and has been the CFO of both our USIS and International segments as well as VP, Strategic and Financial Planning through our changes in ownership. Todd has distinguished himself as a strong, thoughtful leader with highly valuable operating and corporate experience. Through our succession planning process we have been preparing Todd for this role. I have no doubt he will continue to do an excellent job,” Peck concluded.

For earnings history and earnings-related data on TransUnion (TRU) click here.

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