TransUnion (TRU) Beats On Q3 Earnings & Revenues, Ups '19 View
Zacks Investment Research | Oct 27, 2019 11:12PM ET
TransUnion (NYSE:TRU) reported solid third-quarter 2019 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate.
Adjusted earnings of 76 cents per share outpaced the consensus mark by 5 cents and improved 16.9% year over year.
Total revenues of $689.3 million beat the consensus mark by $12.5 million and increased 14% year over year on a reported basis, 15% on a constant-currency basis and 15% on an organic constant-currency basis.
Adjusted revenues (excluding the impact of deferred revenue purchase accounting reductions and other adjustments to revenues for the company’s recently acquired entities) came in at $689 million, up 11% year over year on a reported basis, 12% at constant currency and 11% at organic constant currency.
We observe that shares of TransUnion have gained a massive 45.2% year to date, outperforming the 37.3% rally of the Zacks Investment Research
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