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TransUnion Stock Barely Moves Despite Q1 Earnings Beat

TransUnion (NYSE: TRU) reported impressive first-quarter 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate. The stock has barely moved since the earnings release on Apr 25 in response to better-than-expected earnings and impressive guidance. For 2024, TransUnion expects revenues between $4.02 billion and $4.08 billion compared with $3.96-$4.02 billion stated previously. The Zacks Consensus Estimate of $4.03 billion is lower than the mid-point ($4.04 billion) of the company's guided range. TRU anticipates adjusted earnings per share (ETF:EPS) of $3.69-$3.86 compared with $3.57-$3.74 mentioned previously. The consensus estimate for the same is pegged at $3.74, which is lower than the midpoint ($3.78) of the company's guided range. TRU's quarterly adjusted earnings (adjusting 59 cents from non-recurring items) of 92 cents per share surpassed the consensus mark by 13.6% and grew 15% year over year. Total revenues of $1 billion surpassed the consensus mark by 4.5% and increased 8.6% from the year-ago quarter. The company's stock has surged 73% over the past six months, outperforming the 14.7% rally of the industry it belongs to and 22.2% growth of the Zacks S&P 500 Composite. TransUnion Price and EPS Surprise TransUnion price-eps-surprise | TransUnion Quote Revenues by Segments The U.S. Markets segment's revenues of $789 million were up 7% year over year and surpassed our estimate of $632.6 million. Within the segment, ...