TransUnion tops Street 4Q forecasts

TransUnion beats 4Q earnings and revenue expectations

CHICAGO (AP) _ TransUnion (TRU) on Tuesday reported fourth-quarter earnings of $49.5 million.

On a per-share basis, the Chicago-based company said it had net income of 27 cents. Earnings, adjusted for one-time gains and costs, came to 44 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The credit reporting company posted revenue of $435.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $425 million.

For the year, the company reported profit of $120.6 million, or 65 cents per share. Revenue was reported as $1.7 billion.

For the current quarter ending in April, TransUnion expects its per-share earnings to range from 38 cents to 39 cents.

The company said it expects revenue in the range of $440 million to $445 million for the fiscal first quarter.

TransUnion shares have climbed 10 percent since the beginning of the year. The stock has increased 63 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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Keywords: TransUnion, Earnings Report

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