TransUnion: Q4 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — TransUnion (TRU) on Thursday reported fourth-quarter net income of $101.2 million.
On a per-share basis, the Chicago-based company said it had net income of 52 cents. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.
The results beat Wall Street expectations. The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The credit reporting company posted revenue of $1.17 billion in the period, also topping Street forecasts. Eighteen analysts surveyed by Zacks expected $1.14 billion.
For the year, the company reported profit of $455.4 million, or $2.32 per share. Revenue was reported as $4.58 billion.
For the current quarter ending in March, TransUnion expects its per-share earnings to range from $1.08 to $1.10.
The company said it expects revenue in the range of $1.2 billion to $1.21 billion for the fiscal first quarter.
TransUnion expects full-year earnings in the range of $4.63 to $4.71 per share, with revenue ranging from $4.95 billion to $4.98 billion.
_____
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