TransUnion beats estimates on strong financial services growth
TransUnion reported first quarter earnings that surpassed analyst estimates, with revenue of $1.25 billion and adjusted EPS of $1.18, driven largely by a 24% increase in U.S. Financial Services revenue. The company completed its acquisition of a majority stake in Trans Union de Mexico, contributing to a significant year-over-year rise in net income. Adjusted EBITDA grew 10% year-over-year, though margins dipped slightly, and the company raised its full-year 2026 revenue guidance. CEO Chris Cartwright highlighted strong performance across U.S. markets and steady international growth.
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CHICAGO - On Tuesday, TransUnion (NYSE:TRU) reported first quarter results that exceeded analyst expectations, with adjusted earnings per share of $1.18 beating the consensus estimate of $1.11, while revenue of $1.25 billion surpassed the $1.21 billion estimate. Shares of the company rose 0.76% in pre-market trading following the announcement. Revenue grew 14% YoY, or 11% on an organic constant currency basis, driven by U.S. Financial Services. The company completed its acquisition of a majority ownership interest in Trans Union de Mexico during the quarter. Net income attributable to TransUnion reached $397 million, compared with $148 million in the prior year period, primarily due to a $225 million gain on the previously held equity interest in Trans Union de Mexico.
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