TransUnion Raises FY24 Revenue Outlook From $4.098B - $4.138B To $4.161B - $4.181B (Est $4.143B), Adj. EPS Forecast From $3.78 - $3.90 To $3.87 - $3.93 (Est $3.87)
Portfolio Pulse from Benzinga Newsdesk
TransUnion has raised its fiscal year 2024 revenue outlook from $4.098 billion - $4.138 billion to $4.161 billion - $4.181 billion, surpassing the estimated $4.143 billion. Additionally, the adjusted EPS forecast has been increased from $3.78 - $3.90 to $3.87 - $3.93, aligning with the estimated $3.87.
October 23, 2024 | 10:29 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TransUnion has increased its FY24 revenue and adjusted EPS forecasts, surpassing market estimates. This positive revision indicates strong business performance and could lead to a favorable market reaction.
The upward revision of both revenue and EPS forecasts suggests that TransUnion is performing better than expected. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100