TransUnion: Q4 Earnings Snapshot
CHICAGO (AP) _ TransUnion (TRU) on Tuesday reported fourth-quarter profit of $1.02 billion.
The Chicago-based company said it had net income of $5.27 per share. Earnings, adjusted for one-time gains and costs, were 81 cents per share.
The results missed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
The credit reporting company posted revenue of $789.8 million in the period, which also fell short of Street forecasts. Twelve analysts surveyed by Zacks expected $794.7 million.
For the year, the company reported profit of $1.39 billion, or $7.19 per share. Revenue was reported as $2.96 billion.
For the current quarter ending in April, TransUnion expects its per-share earnings to range from 91 cents to 94 cents.
The company said it expects revenue in the range of $906 million to $914 million for the fiscal first quarter.
TransUnion expects full-year earnings in the range of $3.84 to $4 per share, with revenue ranging from $3.75 billion to $3.81 billion.