TransUnion (TRU), a risk and information solutions provider, reported higher-than-expected results in Q3 and raised its full-year guidance.
Adjusted EPS increased to $0.38 in the September quarter from $0.30 in the year-ago period. That result topped the $0.36 average estimate of analysts polled by Capital IQ.
Q3 revenue increased 12% to $438 million year-over-year, topping the analyst consensus of $424.7 million.
For the full year, the company raised its revenue outlook to be between $1.69 billion and $1.69 billion, compared to the previous guidance of $1.66 billion and $1.67 billion.
Adjusted diluted earnings per share is expected to be between $1.42 and $1.43, compared to the company’s previous guidance of $1.37 and $1.39.
Analysts were looking for $1.68 billion in revenue and $1.31 in earnings per share.
For Q4, the company anticipates revenue to be between $421 million and $426 million, and adjusted EPS to be between $0.34 and $0.35. That’s above analyst estimates of $420.7 million and $0.33.
“We are confident that we will deliver a very strong 2016 and continue to be well positioned for 2017 and beyond,” CEO Jim Peck said in the earnings statement.