TransUnion: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2023, 06:33 AM ET
Last Updated - Jun 22, 2023, 04:17 AM EDT
CHICAGO (AP) — CHICAGO (AP) — TransUnion (TRU) on Tuesday reported first-quarter earnings of $52.6 million.
On a per-share basis, the Chicago-based company said it had profit of 27 cents. Earnings, adjusted for one-time gains and costs, were 80 cents per share.
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.
The credit reporting company posted revenue of $940.3 million in the period, also exceeding Street forecasts. Thirteen analysts surveyed by Zacks expected $913.7 million.