Chart 1: Monthly CII of Canadian Credit Market 2012 – 2021 (i) Source: TransUnion Canada consumer credit database. (i) A lower CII number compared to the prior period represents a decline in credit health, while a higher number reflects an improvement. The CII number needs to be looked at in relation to the previous period(s) and not in isolation. In February 2019, the CII of 102 represented an improvement in credit health compared to same month prior year (February 2018) and compared to prior m
TRU earnings call for the period ending December 31, 2020.
TransUnion (TRU) delivered earnings and revenue surprises of 4.35% and 3.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?