TransUnion Shares Up 4% Following Investor Day
<p><a href='https://financialmodelingprep.com/financial-summary/TRU'>TransUnion (NYSE:TRU) </a>shares were trading more than 4% higher Wednesday afternoon following the company’s investor day. The company unveiled robust mid-term targets of 8-10% OCC revenue growth, around 100bps of annual margin expansion, and around 15% EPS growth as well as over $3 billion in cumulative FCF with 90% conversion (of ANI) by 2025. </p>
<p>Importantly, the company’s internal plans are higher than the mid-term targets and it expects to come in at the upper end of the range, which sets up for beat-and-raise going forward. Digital transformation, differentiated data assets as well as expansion in high growth verticals of Marketing (around 17% CAGR), Fraud (around 11% CAGR), Credit/Risk (around 8% CAGR) bodes well for growth.</p>

NYSE:TRU