TransUnion (TRU) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2023, TransUnion (TRU) reported revenue of $968.7 million, up 3.3% over the same period last year. EPS came in at $0.91, compared to $0.93 in the year-ago quarter.
The reported revenue represents a surprise of -1.36% over the Zacks Consensus Estimate of $982.03 million. With the consensus EPS estimate being $0.95, the EPS surprise was -4.21%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TransUnion performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- U.S. Markets: $633.50 million versus the 10-analyst average estimate of $649.23 million. The reported number represents a year-over-year change of +2%.
Revenue- International: $211 million versus $209.07 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
Revenue- Consumer Interactive: $143.10 million versus the 10-analyst average estimate of $144.12 million. The reported number represents a year-over-year change of -2.9%.
Revenue- Total intersegment eliminations: -$19 million compared to the -$20.10 million average estimate based on 10 analysts. The reported number represents a change of -2.1% year over year.
Revenue- Total gross revenue: $987.60 million versus $1 billion estimated by 10 analysts on average.
Revenue- U.S. Markets- Financial Services: $322.60 million versus the eight-analyst average estimate of $332.43 million. The reported number represents a year-over-year change of +10.7%.
Revenue- International Gross Revenue- Asia Pacific: $22.30 million versus $22.37 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +12.6% change.
Revenue- International Gross Revenue- India: $56.10 million compared to the $55.64 million average estimate based on eight analysts. The reported number represents a change of +26.4% year over year.
Revenue- U.S. Markets- Emerging Verticals: $310.90 million compared to the $316.92 million average estimate based on eight analysts. The reported number represents a change of -5.7% year over year.
Revenue- International Gross Revenue- Canada: $36.70 million compared to the $33.84 million average estimate based on eight analysts. The reported number represents a change of +13.3% year over year.
Revenue- International Gross Revenue- Latin America: $30.90 million versus the eight-analyst average estimate of $30.83 million. The reported number represents a year-over-year change of +8%.
Revenue- International Gross Revenue- UK: $49.80 million versus the eight-analyst average estimate of $50.24 million. The reported number represents a year-over-year change of +2.7%.
View all Key Company Metrics for TransUnion here>>>
Shares of TransUnion have returned -11.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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