TransUnion (TRU) Tops Q4 EPS by 2c, Beats on Revenues, Offers FY18 EPS/Revenue Guidance Above Consensus

TransUnion (NYSE: TRU) reported Q4 EPS of $0.50, $0.02 better than the analyst estimate of $0.48. Revenue for the quarter came in at $506 million versus the consensus estimate of $486.75 million.

2018 Full Year Outlook

For the full year of 2018, revenue is expected to be between $2.12 billion and $2.14 billion, an increase of 9 to 10 percent on a constant currency basis. Adjusted EBITDA is expected to be between $817 million and $832 million, an increase of 9 to 11 percent. Adjusted Diluted Earnings per Share is expected to be between $2.26 and $2.31, an increase of 20 to 23 percent. Adjusted Diluted Earnings per Share includes a benefit of approximately $0.24 due to the recently enacted Tax Cuts and Jobs Act.

The full year revenue guidance includes approximately 2 points of growth from acquisitions, with no significant impact on revenue and Adjusted EBITDA from foreign exchange rates. Guidance also includes approximately $15 million of incremental credit monitoring revenue due to a breach at a competitor, compared with $4 million in 2017. The expected increase in this incremental revenue represents 0.5 percent of the total growth.

2018 First Quarter Outlook

For the first quarter of 2018, revenue is expected to be between $503 million and $508 million, an increase of 10 to 11 percent on a constant currency basis compared with the first quarter of 2017. Adjusted EBITDA is expected to be between $187 million and $190 million, an increase of 9 to 11 percent. Adjusted Diluted Earnings per Share is expected to be between $0.51 and $0.52, an increase of 22 to 24 percent. Adjusted Diluted Earnings per Share includes a benefit of approximately $0.05 due to the recently enacted Tax Cuts and Jobs Act.

The first quarter revenue guidance includes approximately 3 points of growth from acquisitions, with no significant impact on revenue and Adjusted EBITDA from foreign exchange rates. Guidance includes approximately $5 million of incremental credit monitoring revenue due to a breach at a competitor.

GUIDANCE:

TransUnion sees FY2018 EPS of $2.26-$2.31, versus the consensus of $2.18. TransUnion sees FY2018 revenue of $2.12-2.14 billion, versus the consensus of $2.08 billion.

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

You May Also Be Interested In

• Plexus Corp (PLXS) Tops Q2 EPS by 7c
• Northrim BanCorp (NRIM) Tops Q1 EPS by 54c
• Ford (F) earnings beat estimates in Q1, revenue falls short; stock up