Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering TransUnion (TRU) , which belongs to the Zacks Business - Information Services industry.This credit reporting company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1.49%.For the most recent quarter, TransUnion was expected to post ...

TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million.The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of the country’s Buró de Crédito.“Our expansion in Mexico continues our commitment to making trust possible in global commerce,” TransUnion President and CEO Chris Cartwright said in a news release.“Credit bureaus are a catalyst for financial inclusion, and we are excited for the opportunity to bring the b ...

CHICAGO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) has signed a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito. TransUnion currently owns approximately 26% of Trans Union de Mexico, has held seats on its board of directors for over two decades, and serves as one of its technology providers. TransUnion has agreed to acquire an additional 68% from selling shareholders, ...

TransUnion research finds shifting preferences in communication channels and increased investments in AI toolsCHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the last 12 months. Sixty-two percent of companies expected to be in a better financial position next year, according to a new report published by TransUnion (NYSE: TRU). However, the volume increase for new a ...

CHICAGO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) will publish its financial results for the fourth quarter ended December 31, 2024, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, February 13, 2025. The company will hold a conference call on the same day at 8:30 a.m. (CT) to discuss its financial results.   The press release and a live webcast of the earnings conference call will be available on the TransUnion Investor Relations website at http://www ...

TransUnion says it plans to acquire British credit prequalification/distribution platform Monevo.The credit reporting agency announced the deal Wednesday (Jan. 8), noting that it already owned 30% of Monevo’s equity after purchasing a minority stake in 2021.“We are committed to making trust possible in global commerce by ensuring consumers and organizations can transact with confidence,” Todd Skinner, TransUnion president, international, said in a news release.“Prequalification is an integral part of the co ...

Two-thirds of marketers use 16 or more martech solutionsCHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today newly commissioned Forrester Consulting research that reveals the uphill battle many marketing teams face in managing fragmented martech systems and identity challenges. However, the research also highlights a clear path forward for organizations that leverage identity resolution tools to connect disparate data sets. Forrester’s Q4 2024 Identity Resolution Survey found th ...

Acquisition Overview - TransUnion has signed a definitive agreement to acquire Monevo, a UK-based credit prequalification and distribution platform, to enhance personalized credit experiences online [1] - TransUnion currently owns 30% of Monevo's equity and will acquire the remaining ownership from Quint Group Limited [1] - The transaction is expected to close by Q2 2025, subject to customary closing conditions and regulatory approvals [4] Strategic Rationale - The acquisition aligns with TransUnion's commitment to enabling trust in global commerce by improving consumer and organizational transaction confidence [2] - Monevo's platform integrates lenders and publishers, providing centralized technology and decisioning infrastructure to deliver better outcomes for consumers searching for credit online [2] - The acquisition is seen as a natural next step for Monevo's growth, unlocking new opportunities for innovation by combining complementary businesses [3] Market Impact - Monevo operates primarily in the UK and US markets, enabling over 150 banks and credit providers to deliver highly personalized credit offers through comparison websites and apps [2][6] - Consumers benefit from a more personalized online credit shopping experience without impacting their credit scores, while publishers and lenders gain tools to improve engagement and conversion rates [3] Financial and Operational Details - The transaction will be funded with existing cash-on-hand and is not expected to materially impact TransUnion's leverage, liquidity, or 2025 operating results [4] - TransUnion and Monevo have a three-year partnership history, addressing gaps in the consumer experience and planning to deliver high-quality offers at scale with minimal partner support [4] Company Backgrounds - TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, focusing on credit, marketing, fraud, risk, and advanced analytics [5] - Monevo is a multi-award-winning credit technology business headquartered in the UK, operating in the UK, US, and Australia, and empowering over 150 lenders and banks globally [6]

Inflation continues to be a leading concern for 82% of Canadians, with 44% of those surveyed reporting that their household finances are worse than anticipated in 2024Key findings from the TransUnion® report: Household financial strains most felt among Gen X (51%), as this generation nears retirement.Housing prices of concern to 57%, with only 14% intending to take out a new mortgage in the next 12 months, and 15% considering refinancing their property.Millennials hold largest share of debt at $911 billion. ...

Group 1 - The article emphasizes the importance of investing in high-quality stocks and businesses that are managed by disciplined capital allocators [1] - It highlights the characteristics of preferred businesses, including exceptional returns on capital and the ability to compound invested capital over long periods [1] Group 2 - There are no specific company or industry disclosures or performance metrics provided in the documents [2][3]