TransUnion Announces First Quarter 2020 Results and COVID-19 Impact Update
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TransUnion (TRU) Tops Q1 EPS by 5c, Revenues Beat; Provides Scneraio-Based 2Q Outlook, Suspends FY20 Guidance
April 28, 2020 6:56 AM EDTTransUnion (NYSE: TRU) reported Q1 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $688 million versus the consensus estimate of $673.61 million.
First Quarter 2020 Results
Revenue:
Total revenue for the quarter was $688 million, an increase of 11 percent (12 percent on a constant currency basis, 12 percent on an organic constant currency basis) compared with the first quarter of 2019.Adjusted Revenue, which removes the impact of deferred revenue purchase accounting reductions and other adjustments to revenue for our recently acquired entities, was also $688 million for the quarter, an... More