TransUnion (NYSE:TRU) saw its shares rise 2.3% on Thursday after the company reported third-quarter results that topped expectations and raised its full-year guidance. The performance was fueled by strength in its Financial Services and Emerging Verticals businesses.
The company posted adjusted earnings of $1.10 per share, beating the analyst consensus of $1.04. Revenue reached $1.17 billion, surpassing estimates of $1.13 billion and growing 8% year over year.
“In the third quarter, TransUnion delivered strong results that again exceeded financial guidance,” said Chris Cartwright, President and CEO. “Revenue growth was 8%; excluding last year’s large breach remediation win, organic constant currency growth was 11%, our strongest underlying growth since 2021.”
Financial Services revenue jumped 19% to $438 million, while Emerging Verticals climbed 7.5% to $330 million. Consumer Interactive declined 17% to $145 million, largely due to the comparison with last year’s major breach remediation contract. International revenue increased 8% to $260 million, with strong double-digit growth in the UK, Canada, and Africa.
Adjusted EBITDA rose 8% to $425 million, with margins steady at 36.3%.
TransUnion also raised its full-year 2025 outlook, now projecting revenue growth of 8% to 8.5%. For the fourth quarter, the company expects revenue between $1.12 billion and $1.14 billion and adjusted earnings of $0.97 to $1.02 per share.
In addition, the company accelerated its share buyback activity, repurchasing $160 million in stock during the third quarter and October, bringing year-to-date repurchases to $200 million. It also expanded its total authorization to $1 billion.
“Our strong earnings growth, improving free cash flow generation and natural de-levering position us to accelerate the return of capital to shareholders,” Cartwright added.