TransUnion beats by $0.02, beats on revs; guides Q4 EPS in-line, revs above consensus :
- Reports Q3 (Sep) earnings of $0.38 per share, $0.02 better than the Capital IQ Consensus of $0.36; revenues rose 12.5% year/year to $437.6 mln vs the $424.72 mln Capital IQ Consensus.
- Adjusted EBITDA was $167 million, an increase of 19 percent, both as reported and on a constant currency basis compared with the third quarter of 2015.
- "The strong performance was broad-based and the result of consistently executing on our growth strategy, which is driven by our core business, new solutions, and faster growing verticals and geographies, and is enabling further investment in strategic growth initiatives that will continue to drive diversified top-line growth and strengthen our competitive position globally. We are confident that we will deliver a very strong 2016 and continue to be well positioned for 2017 and beyond."
- Co issues guidance for Q4, sees EPS of $0.34-0.35 vs. $0.35 Capital IQ Consensus Estimate; sees Q4 revs of $421-426 mln vs. $419.71 mln Capital IQ Consensus Estimate.
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