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TransUnion: Q1 Earnings Snapshot

April 26, 2022 GMT

CHICAGO (AP) _ TransUnion (TRU) on Tuesday reported first-quarter net income of $48.3 million.

On a per-share basis, the Chicago-based company said it had profit of 25 cents. Earnings, adjusted for one-time gains and costs, came to 93 cents per share.

The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also for earnings of 93 cents per share.

The credit reporting company posted revenue of $921.3 million in the period, topping Street forecasts. Fourteen analysts surveyed by Zacks expected $910.9 million.

For the current quarter ending in July, TransUnion expects its per-share earnings to range from 96 cents to 99 cents.

The company said it expects revenue in the range of $958 million to $968 million for the fiscal second quarter.

TransUnion expects full-year earnings in the range of $3.84 to $3.98 per share, with revenue ranging from $3.85 billion to $3.9 billion.

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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