TransUnion Q2 Adj EPS $0.86 Beats $0.83 Estimate, Sales $968.00M Beat $957.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
TransUnion (NYSE:TRU) reported Q2 adjusted earnings of $0.86 per share, beating the analyst consensus estimate of $0.83 by 3.61%. However, this is a 12.24% decrease from the same period last year. The company also reported quarterly sales of $968.00 million, beating the analyst consensus estimate of $957.62 million by 1.08%, and marking a 2.08% increase from the same period last year.
July 25, 2023 | 10:06 am
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NEUTRAL IMPACT
TransUnion's Q2 earnings and sales beat analyst estimates, but earnings decreased compared to the same period last year.
While TransUnion beat analyst estimates for both earnings and sales, the decrease in earnings compared to the same period last year may cause some investor concern. However, the increase in sales could offset this concern, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100