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TransUnion (TRU) Tops Q3 EPS by 3c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

October 23, 2018 6:53 AM

TransUnion (NYSE: TRU) reported Q3 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $621.3 million versus the consensus estimate of $617.96 million.

“TransUnion delivered another quarter of strong performance with double-digit growth in Revenue, Adjusted Revenue and Adjusted EBITDA along with strong organic revenue growth in all three segments,” said Jim Peck, President and CEO. “We continue to execute well and are delivering broad-based growth as a result of our industry-leading innovation, attractive vertical and geographic markets and differentiated technology platform.”

“As we look forward to the end of 2018 and to 2019, we remain bullish that we can continue to drive strong, above market growth as we continue to deliver meaningful innovation, integrate and fully leverage our recent acquisitions and also continue to gain market share from key accounts,” he concluded.

GUIDANCE:

TransUnion sees FY2018 EPS of $2.46-$2.47, versus the consensus of $2.45. TransUnion sees FY2018 revenue of $2.342-2.347 million, versus the consensus of $2.34 million.

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

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