TransUnion (TRU) Tops Q3 Earnings and Revenue Estimates

Company Performance - TransUnion reported quarterly earnings of $1.04 per share, exceeding the Zacks Consensus Estimate of $1.02 per share, and up from $0.91 per share a year ago, representing an earnings surprise of 1.96% [1] - The company posted revenues of $1.09 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.15%, compared to revenues of $968.7 million in the same quarter last year [1] - Over the last four quarters, TransUnion has consistently surpassed consensus EPS and revenue estimates [1] Stock Performance - TransUnion shares have increased approximately 54% since the beginning of the year, significantly outperforming the S&P 500's gain of 22.7% [2] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for continued outperformance in the near future [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $1.02 billion, and for the current fiscal year, it is $3.89 on revenues of $4.14 billion [4] - The trend of estimate revisions for TransUnion has been favorable ahead of the earnings release, which may influence future stock performance [4] Industry Context - The Business - Information Services industry, to which TransUnion belongs, is currently ranked in the top 4% of over 250 Zacks industries, suggesting a strong industry outlook [5] - Another company in the same industry, S&P Global, is expected to report quarterly earnings of $3.64 per share, reflecting a year-over-year increase of 13.4% [5]