TransUnion ($TRU) 3Q20 Earnings Sneak Preview

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TransUnion (NYSE:TRU) provider of risk and information solutions, is reporting third quarter earnings results on Tuesday 27th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.75 per share.

For the full year, analysts predict revenues of $ 2681.05 million, while looking forward to income of $ 2.88 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 2,857.00 million ~ $ 2,872.00 million, where as bottomline are predicted in a range of $ 3.14 ~ $ 3.18 per share

Click Here For More Historical Outlooks Of TransUnion

Previous Quarter Performance

TransUnion announced income for the second quarter of $ 0.66 per share, from the revenue of $ 634.40 million. The quarterly earnings reduced 4.35 percent while revenues down 4.15 percent compared with the same quarter last year.
Wall street analysts are predicting, TRU to report 2Q20 income of $ 0.49 per share from revenue of $ 589.90 million. The bottom line results beat street analysts by $ 0.17 or 34.69 percent, at the same time, top line results outshined analysts by $ 44.50 million or 7.54 percent.

Stock Performance

Shares of TransUnion traded up $ 0.01 or 0.01 percent on Friday, reaching $ 86.05 with volume of 793.20 thousand shares. TransUnion has traded high as $ 86.58 and has cracked $ 84.47 on the downward trend

According to the previous trading day, closing price of $ 86.05, representing a 63.89 % increase from the 52 week low of $ 52.50 and a 14.95 % decrease over the 52 week high of $ 101.16.

The company has a market capital of $ 16.36 billion and is part of the Industrials sector and Business Services industry.

Recent Analyst recommendations

  • On 12th October 2020, maintained by Deutsche Bank at Buy rating, with $ 103.00 target price.
  • On 10th September 2020, maintained by Morgan Stanley at Overweight rating, with $ 106.00 target price.

Recent Stock Dividend Announcement

On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.075 per share to holders of record as of the close of business on August 20, 2020, with payment date of September 4, 2020 and ex-dividend date on August 19, 2020.

Conference Call

TransUnion will be hosting a conference call at 9:30 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.transunion.com

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive.