TRANSUNION BEATS Q3 Non-gaap Eps By $0.02

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TRANSUNION ($NYSE:TRU): TransUnion is a credit reporting agency. They collect and maintain credit information on more than one billion consumers globally. In the U.S., they are one of the “big three” credit reporting agencies, along with Experian and Equifax. TransUnion’s Q3 non-GAAP EPS of $0.93 beats by $0.02. This is a good sign for the company, as it shows that they are meeting or exceeding expectations. The company has been under pressure in recent years due to increased regulation and scrutiny.

However, they seem to be doing well despite these challenges.

Earnings

In its earning report of FY2022 Q2 ending June 30, TRANSUNION earned 3.4B USD in total revenue, earned 1.3B USD in net income. Compared to previous year, 13.3% increase in total revenue, 7.1% decrease in net income. TRANSUNION’s total revenue reached from 2.5B USD to 3.4B USD in the last 3 years. Looking at the company’s total revenue, it has seen a steady increase over the past three years. This is a positive sign for the company, as it indicates that its products and services are in demand.

However, net income has decreased slightly this year, though it is still well above where it was three years ago. This may be due to increased expenses related to expanding the business. Overall, TRANSUNION is in a strong financial position and is seeing growth in its key metric of total revenue.

Market Price

TransUnion, a credit reporting agency, announced its third quarter earnings on Tuesday. The company beat non-gaap earnings per share estimates by $0.02. Despite this, news coverage of the company has been mostly negative. TransUnion’s stock opened at $54.80 on Tuesday and closed at $57.40, up 1.2% from its previous closing price of $56.70. Despite the beat on earnings, investors remain worried about the company’s future. This is due to the increasing regulation of the credit reporting industry, which could lead to lower profits for TransUnion.

In addition, the company is facing increased competition from newer entrants into the market. Investors will be closely watching TransUnion’s fourth quarter results to see if the company can continue to perform well in the face of these challenges.

VI Analysis

The company’s fundamentals reflect its long term potential, and the company’s VI Risk Rating is a medium risk investment in terms of financial and business aspects. However, the VI App has detected 3 risk warnings in the company’s balance sheet, cash flow statement, and financial journal. Registering on the VI App can help investors stay up-to-date on the latest information about the company.

VI Peers

The company was founded in 1968 and is headquartered in Chicago, Illinois.

– Experian PLC ($LSE:EXPN)

As of 2022, Experian PLC has a market cap of 24.81B and a Return on Equity of 34.45%. The company is a global information services company that provides data and analytical tools to clients in a variety of industries. Experian PLC has operations in 40 countries and employs approximately 17,000 people.

– Equifax Inc ($NYSE:EFX)

As of 2022, Equifax Inc has a market cap of 18.4B and a Return on Equity of 18.44%. The company is a consumer credit reporting agency, which means that it gathers and provides information on consumers’ borrowing and repayment history. This information is then used by businesses to assess creditworthiness and make lending decisions. Equifax is one of the three major credit reporting agencies in the United States, along with Experian and TransUnion.

– CRA International Inc ($NASDAQ:CRAI)

CRA International Inc is a global consulting firm with a market cap of 679.36M as of 2022. The company has a Return on Equity of 17.68%. CRA International Inc provides consulting services in the areas of antitrust and competition, economic, financial, and management consulting.

Summary

TransUnion is a leading global provider of information and risk management solutions. Their focus on innovative technology and data-driven insights help businesses make smarter decisions about managing risk. TransUnion’s products and services are used by businesses of all sizes to manage credit risk, prevent fraud, and make more informed decisions about their customers and prospects. TransUnion’s products and services can be used by businesses to help them make more informed decisions about managing risk, preventing fraud, and understanding their customers and prospects.

By understanding the risks associated with their customers, businesses can make better decisions about how to manage those risks. TransUnion’s products and services can also help businesses to prevent fraud and to make more informed decisions about their customers and prospects.