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TransUnion (TRU) Tops Q4 EPS by 3c

February 18, 2020 6:51 AM

TransUnion (NYSE: TRU) reported Q4 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $686 million versus the consensus estimate of $674.73 million.

“TransUnion delivered a strong conclusion to the year with double-digit organic Adjusted Revenue, Adjusted EBITDA and Adjusted Diluted EPS growth in the fourth quarter,” said Chris Cartwright, President and CEO. “This quarter caps another outstanding year for TransUnion. In addition to our financial performance, we continue to evolve our organization, invest aggressively in innovation and critical capabilities, and fund strategic acquisitions while also reducing our debt with $400 million of prepayments over the past 13 months.”

“Today, we also announced an accelerated technology investment in our infrastructure, platform and processes that will allow us to increasingly refactor our applications to be more secure, reliable and performant by leveraging a hybrid public-private cloud approach.”

“As we look forward, I am highly confident that TransUnion is well positioned for another strong year in 2020 and that our ongoing investments set us up for long-term attractive performance,” Cartwright added.

GUIDANCE:

TransUnion sees FY2020 EPS of $3.14-$3.18, versus the consensus of $3.12. TransUnion sees FY2020 revenue of $2.857-2.872 million, versus the consensus of $2.88 million.

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

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