Revenue Update on TransUnion(NYSE:TRU)

TransUnion(NYSE:TRU) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $425.70M. Analysts estimated a revenue of $414.66M. Earnings per share were $0.37. Analysts had estimated an EPS of $0.33.

In a different note, On Jun 8, 2016, Stifel Nicolaus said it Maintains its rating on TransUnion. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Buy’ by the firm. Baird said it Initiates Coverage on TransUnion, according to a research note issued on May 26, 2016. The shares have been rated ‘Outperform’ by the firm.

TransUnion (TRU) shares turned negative on Fridays trading session with the shares closing down -0.12 points or -0.37% at a volume of 9,46,381. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $33.5. The peak price level was also seen at $33.5 while the days lowest was $32.7. Finally the shares closed at $32.72. The 52-week high of the shares is $35.79 while the 52-week low is $20.43. According to the latest information available, the market cap of the company is $5,979 M.

Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, Steven M Tadler (director) sold 291,600 shares at $31.25 per share price.Also, On Jun 13, 2016, Christopher Egan (director) sold 302,401 shares at $31.25 per share price.On May 18, 2016, Samuel A Hamood (EVP & CFO) sold 25,228 shares at $31.36 per share price, according to the Form-4 filing with the securities and exchange commission.

TransUnion formerly TransUnion Holding Company Inc. is a risk and information solutions provider to businesses and consumers. The Company manages its business in three segments: U.S. Information Services (USIS) International and Consumer Interactive. USIS segment provides consumer reports risk scores analytical services and decisioning capabilities to businesses. Its International segment includes Developed Markets which include Canada and Hong Kong and Emerging Markets which include South Africa Brazil India and other countries in the Africa Latin America and Asia Pacific regions. Consumer Interactive segment include credit reports and scores credit monitoring fraud protection and resolution and financial management. The Company’s solutions include AdSurety CreditVision Insurance Coverage Discovery and TLOxp. It has a global presence in over 30 countries across North America Africa Latin America and Asia.

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