Zacks: Brokerages Anticipate TransUnion (TRU) to Post $0.49 Earnings Per Share
Equities analysts expect TransUnion (NYSE:TRU) to report earnings of $0.49 per share for the current quarter, according to Zacks. Seven analysts have provided estimates for TransUnion’s earnings, with the highest EPS estimate coming in at $0.51 and the lowest estimate coming in at $0.47. TransUnion reported earnings per share of $0.44 during the same quarter last year, which indicates a positive year-over-year growth rate of 11.4%. The company is expected to announce its next quarterly earnings results before the market opens on Tuesday, February 13th.
According to Zacks, analysts expect that TransUnion will report full year earnings of $1.86 per share for the current fiscal year, with EPS estimates ranging from $1.85 to $1.89. For the next fiscal year, analysts anticipate that the company will report earnings of $2.12 per share, with EPS estimates ranging from $2.05 to $2.26. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow TransUnion.
TransUnion (NYSE:TRU) last announced its earnings results on Friday, October 27th. The business services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. TransUnion had a net margin of 13.17% and a return on equity of 21.37%. The firm had revenue of $498.00 million during the quarter, compared to the consensus estimate of $475.52 million. During the same quarter in the previous year, the company posted $0.38 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis.
In other TransUnion news, Director Siddharth N. Mehta sold 65,000 shares of TransUnion stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $52.25, for a total value of $3,396,250.00. Following the completion of the sale, the director now owns 33,389 shares in the company, valued at approximately $1,744,575.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Todd M. Cello sold 4,110 shares of TransUnion stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $52.97, for a total value of $217,706.70. Following the completion of the sale, the chief financial officer now owns 21,963 shares of the company’s stock, valued at approximately $1,163,380.11. The disclosure for this sale can be found here. Insiders sold a total of 4,630,224 shares of company stock valued at $243,986,497 in the last 90 days. 2.10% of the stock is owned by company insiders.
Several large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its holdings in shares of TransUnion by 8.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,482 shares of the business services provider’s stock worth $238,000 after purchasing an additional 404 shares during the period. Prudential Financial Inc. grew its holdings in shares of TransUnion by 12.5% during the 2nd quarter. Prudential Financial Inc. now owns 10,690 shares of the business services provider’s stock worth $463,000 after purchasing an additional 1,190 shares during the period. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of TransUnion during the 4th quarter worth about $137,000. Teacher Retirement System of Texas grew its holdings in shares of TransUnion by 26.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 12,739 shares of the business services provider’s stock worth $602,000 after purchasing an additional 2,681 shares during the period. Finally, Great West Life Assurance Co. Can grew its holdings in shares of TransUnion by 20.4% during the 3rd quarter. Great West Life Assurance Co. Can now owns 16,814 shares of the business services provider’s stock worth $800,000 after purchasing an additional 2,853 shares during the period.
Shares of TransUnion (TRU) traded up $0.71 during mid-day trading on Thursday, reaching $57.86. 2,411,394 shares of the company traded hands, compared to its average volume of 1,193,217. TransUnion has a 12-month low of $31.38 and a 12-month high of $59.13. The firm has a market cap of $10,550.00 and a P/E ratio of 44.51. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 1.51.
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TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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