TRU has recorded better-than-expected earnings and revenue performance in three of the past four quarters, driven by strength in the company's Financial Services and Emerging verticals that come under the U.S. Markets segment. Its International segment is also in good shape, boosted by increased volumes resulting from improving economic conditions in all regions and new product initiatives. U.S. Markets and International revenues increased 7% and 16% year over year, respectively, in the first quarter of 202 ...

JHVEPhoto Leveraging 50 years of consumer data, TransUnion stands at the cusp of expanding its presence internationally. With global credit markets thriving, TransUnion(NYSE:TRU) offers services that include credit reporting, fraud prevention, and marketing solutions for businesses in the United States and internationally. In the past quarter, we saw TransUnion exceed expectations for revenue and EPS. Market forecasters who predicted a slowdown for TransUnion were surprised at the resilience displayed even ...

The complete Consumer Pulse study can be viewed here. TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, including Canada, where we're the credit bureau of choice for the financial services ecosystem and most of Canada's largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care. For more information or to request an ...

Core Insights - The Q2 2024 TransUnion Canada Consumer Pulse study reveals a decline in financial optimism among Canadians, with 58% expressing pessimism about their household finances over the next year [6] - A significant portion of Canadians (46%) report that their household finances are worse than planned, despite 79% indicating their income has remained stable or increased [2][6] - Inflation remains a top concern, with 86% of respondents citing it as one of their top three financial worries, the highest since Q2 2022 [6] Financial Conditions - 57% of Canadians feel their income is not keeping pace with inflation, leading to increased financial strain [5][7] - 30% of Canadians expect to be unable to pay at least one of their current bills and loans in full, indicating a potential need for additional credit [10][26] - 52% of consumers plan to cut discretionary spending due to the high cost of living [5][21] Credit and Debt Trends - Over a quarter (27%) of Canadians plan to apply for new or refinance existing credit in the next year, reflecting a growing need for liquidity [6][10] - Nearly two-thirds (62%) of Canadians report that rising interest rates significantly impact their decision to apply for new credit [15] - 69% of those planning to take on more debt intend to apply for a new credit card or increase their existing credit [17] Demographic Insights - Gen X appears to be the most financially stressed demographic, with 53% reporting their household finances are worse than expected [26] - Among age groups, Baby Boomers (71%) are the most likely to believe they have sufficient access to credit [23] - Younger Canadians (Gen Z and Millennials) show a higher sensitivity to interest rate changes when considering new credit [15]

The study, Originating Auto Loans With Confidence, explored trends in auto originations, consumer savings, debt burdens and credit scores in the pandemic era, as well as in the years before and after. The study also looked at consumer performance in the auto market, particularly at a time when overall consumer performance is beginning to see some measure of deterioration. In addition, the study explored potentially valuable credit models that may offer lenders an opportunity to increase slumping origination ...

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanc ...

CHICAGO, June 25, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the second quarter ended June 30, 2024, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, July 25, 2024. The company will hold a conference call on the same day at 8:30 a.m. Central Time (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:/ ...

Group 1: Company Performance - Booz Allen Hamilton (BAH) has a long-term earnings growth expectation of 14% and delivered a trailing four-quarter earnings surprise of 12.5% on average [1] - TransUnion (TRU) has recorded better-than-expected earnings and revenue performance in three of the past four quarters, driven by strength in the Financial Services and Emerging verticals under the U.S. Markets segment [3] - TRU has an expected long-term EPS growth rate of 14.6%, with earnings anticipated to grow 14.2% in 2024 and 17.2% in 2025, while revenues are expected to increase by 6.5% in 2024 and 7.9% in 2025 [4] Group 2: Financial Health - TransUnion's current ratio at the end of Q1 2024 was 1.65, higher than the preceding quarter's 1.47 and the year-ago quarter's 1.57, indicating good liquidity to meet short-term obligations [5] - The company's international segment revenues increased by 16% year over year in Q1 2024, supported by improving economic conditions and new product initiatives [7] Group 3: Strategic Initiatives - TransUnion is benefiting from product initiatives, acquisitions, and increasing liquidity [6] - The acquisition of Verisk Financial Services in 2022 has enhanced the company's insights and solutions, improving financial inclusion and fraud prevention [10] - The 2021 acquisition of Neustar has positioned TRU to standardize and streamline product delivery platforms, aiming for a unified global platform [10] Group 4: Competitive Landscape - TransUnion operates in a highly competitive market, with competitors varying by business segment, geographical market, and industry vertical, which restricts pricing power and can strain profitability [11]

CHICAGO, June 13, 2024 (GLOBE NEWSWIRE) -- Marketers have experienced the tension between investing for short-term results and long-term growth for decades. Today, new research from TransUnion (NYSE:TRU) and MMA Global uncovers a targeting strategy that performs best against both short- and longterm objectives: the Movable Middles. The Movable Middles audience target is defined as category buyers who are neither loyal to the brand nor to the brand's competitors. Most marketing campaigns today automatically ...

CHICAGO, June 12, 2024 (GLOBE NEWSWIRE) -- TransUnion's (NYSE:TRU) newly released Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come as 55% of Americans remain optimistic about their household finances over the next year – the same percentage observed in Q2 2022 and similar to a 57% reading in Q2 2023. This optimism appears to be, in large part, driven by confidence in a stable employment s ...