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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
In H1 2024, 5.7% of all attempted digital transactions originating from Canada were suspected to be Digital Fraud; more than half (54%) of Canadians said they were recently targeted by fraud attempts. Canadian business leaders said their companies lost approximately 6% of their equivalent revenue – representing $78 billion – over the past year due to fraud. TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with n ...
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 ...
TransUnion: Better Fundamentals Set The Stage For Higher Share Prices
Seeking Alpha· 2024-09-30 18:28
TransUnion (NYSE: TRU ), the credit rating and more company, is enjoying a resurgence in its fundamentalsand its share price, too. The latter has more than doubled since bottoming out at $44.30 on October 30, 2023. Robert F. Abbott has been investing his family's accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A reside ...
TransUnion (TRU) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2024-09-24 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...