TransUnion: 4Q Earnings Snapshot

TransUnion: 4Q Earnings Snapshot

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CHICAGO (AP) _ TransUnion (TRU) on Thursday reported fourth-quarter profit of $102.1 million.

The Chicago-based company said it had net income of 53 cents per share. Earnings, adjusted for one-time gains and costs, came to 66 cents per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The credit reporting company posted revenue of $613.1 million in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $622.8 million.

For the year, the company reported profit of $276.6 million, or $1.45 per share. Revenue was reported as $2.32 billion.

For the current quarter ending in April, TransUnion expects its per-share earnings to range from 58 cents to 59 cents.

The company said it expects revenue in the range of $611 million to $616 million for the fiscal first quarter.

TransUnion expects full-year earnings in the range of $2.57 to $2.63 per share, with revenue ranging from $2.59 billion to $2.61 billion.

TransUnion shares have increased 13 percent since the beginning of the year. The stock has risen 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRU at https://www.zacks.com/ap/TRU

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