May 8, 2024

Truthful Isaac Company FICO shares are buying and selling decrease in sympathy with TransUnion TRU, which reported weak third-quarter monetary outcomes and steerage.

What To Know: TransUnion reported quarterly earnings of 91 cents per share, which missed the analyst consensus estimate of 94 cents, and quarterly gross sales of $968.70 million, which missed the analyst consensus estimate of $982.27 million.

The corporate additionally lowered full 12 months 2023 steerage. Income was lowered from $3.825 billion and $3.885 billion to between $3.794 billion and $3.809 billion, versus the consensus estimate of $3.87 billion. Earnings per share had been lowered from between $3.49 and $3.62 to between $3.24 and $3.28, versus the consensus estimate of $3.57.

Associated Hyperlink: What’s Going On With Mullen Automotive Inventory In the present day?

FICO Worth Motion: Shares of FICO had been down 6.93% at $862.89 in after-hours buying and selling on the time of publication, based on Benzinga Professional.

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