earnings
confidence high
sentiment neutral
materiality 0.85
TransUnion Q2 revenue up 30% to $948M; adjusted EPS $0.98; revises FY guidance for FX and mortgage headwinds
TransUnion
2022-Q2 EPS reported
$0.75
revenue$1,869,500,000
- Revenue $948M (+30% YoY, +5% organic constant currency); net income $96M ($0.49 diluted EPS) vs $128M ($0.66) prior year.
- Adjusted EBITDA $350M (+19% YoY); margin 36.9% vs 40.6% last year.
- Guidance: FY 2022 organic constant currency growth 4-5% ex-mortgage; adjusted diluted EPS $3.70-$3.85.
- Expects U.S. mortgage revenue down 30-35% due to 40-45% inquiry declines.
- Completed Verisk Financial Services acquisition for $508M in April 2022; prepaid $400M debt in January 2022.