TransUnion(TRU)

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TransUnion(TRU) - 2024 Q3 - Earnings Call Presentation
2024-10-23 15:21
Third Quarter 2024 Earnings Chris Cartwright, President and CEO Todd Cello, CFO October 23, 2024 Exhibit 99.2 Forward-Looking Statements Non-GAAP Financial Information This investor presentation includes certain non-GAAP measures that are more fully described in the appendices to the presentation. Exhibit 99.1, "Press release of TransUnion dated October 23, 2024, announcing results for the quarter ended September 30, 2024," under the heading 'Non-GAAP Financial Measures,'" furnished to the Securities and Ex ...
TransUnion (TRU) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-23 14:35
For the quarter ended September 2024, TransUnion (TRU) reported revenue of $1.09 billion, up 12% over the same period last year. EPS came in at $1.04, compared to $0.91 in the year-ago quarter.The reported revenue represents a surprise of +2.15% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $1.02, the EPS surprise was +1.96%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...
TransUnion (TRU) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-23 12:31
TransUnion (TRU) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.96%. A quarter ago, it was expected that this credit reporting company would post earnings of $0.98 per share when it actually produced earnings of $0.99, delivering a surprise of 1.02%.Over the last four quarters, the ...
TransUnion Announces Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-23 10:18
Exceeded third quarter 2024 financial guidance for revenue and earningsAccelerated revenue growth to 12 percent, driven by U.S. Financial Services, Insurance, Consumer Interactive and International, while executing on technology modernization and transformation program savingsVoluntarily prepaid $25 million in debt, bringing total prepayments to $105 million in 2024Raising 2024 financial guidance, we now expect to deliver 9 percent revenue growth for the year CHICAGO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Trans ...
TransUnion(TRU) - 2024 Q3 - Quarterly Results
2024-10-23 10:15
Exhibit 99.1 News Release TransUnion Announces Third Quarter 2024 Results • Exceeded third quarter 2024 financial guidance for revenue and earnings • Accelerated revenue growth to 12 percent, driven by U.S. Financial Services, Insurance, Consumer Interactive and International, while executing on technology modernization and transformation program savings • Voluntarily prepaid $25 million in debt, bringing total prepayments to $105 million in 2024 • Raising 2024 financial guidance, we now expect to deliver 9 ...
TransUnion Report Finds 33% Increase in Number of Property Managers Reporting Rent Payments Since Last Year
GlobeNewswire News Room· 2024-10-17 12:00
CHICAGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Nearly half (48%) of property managers who are aware of the practice, report rent payments to credit reporting agencies. The finding comes from new research from the Tenant and Employment business at TransUnion (NYSE: TRU) and represents a 33% increase from the number of property managers who said they reported such payments in 2023. This is especially significant because 2023 also saw a 36% increase in the number of property managers reporting rent payments. Under ...
TransUnion (TRU) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-16 15:06
TransUnion (TRU) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October ...
Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis
GlobeNewswire News Room· 2024-10-16 10:00
Core Insights - In H1 2024, Canada experienced a notable rise in suspected Digital Fraud, with 5.74% of all digital transactions being flagged as fraudulent, marking an 11% increase from H1 2023 [2][4] - Over half (54%) of Canadians reported being targeted by fraud attempts, with phishing being the most prevalent method [3][4] - Canadian businesses incurred approximately 6% revenue loss, equating to $78 billion, due to fraud over the past year [4] Digital Fraud Statistics - The volume of suspected Digital Fraud attempts from Canada increased by 11% YoY in H1 2024, despite only a 0.7% increase in overall transaction volume [2] - The top three industries with the highest rates of suspected Digital Fraud attempts from Canada in H1 2024 were Gambling (9.6%), Retail (9.2%), and Government (7.7%) [5] - The industries with the highest YoY increase in suspected Digital Fraud attempts were Logistics (172.9%), Gambling (79.3%), and Video Gaming (67.8%) [5] Business Impact - Canadian business leaders reported that the most significant causes of fraud loss included Scam/Authorized fraud (31%), Account takeover (19%), and Synthetic identity fraud (18%) [4] - The increase in digital transactions and fraud attempts is leading to potential revenue losses and higher operational costs for businesses [4][6] Fraud Prevention Recommendations - Businesses are encouraged to adopt fraud prevention technologies such as identity verification, IP intelligence, and synthetic identity detection to mitigate risks [6]
More Than One-Third of Gig Workers Rely on Gig Work as Primary Source of Income
GlobeNewswire News Room· 2024-10-15 12:00
CHICAGO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- While consumers have grown accustomed to on-demand services, like ridesharing and food delivery, they are also increasingly open to participating in the gig economy as workers. More than half of U.S. adults (62%) now earn money working for one or more gig platforms, according to new TransUnion (NYSE: TRU) research. Across generations, over one-third (37%) reported gig work as a primary source of income. Millennials lead this group with more than half (55%) leveragi ...
TransUnion (TRU) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-10-09 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the ...