Final fourth quarter GDP revised upwards as consumer spending rises [FOX Business Network]
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: FOX Business Network
revised upwards, showing that the U.S. economy grew at an annual rate of 3.4%, according to the Bureau of Economic Analysis (BEA). The reading comes just above the BEA's second GDP estimate for the fourth quarter, which showed the economy increased at 3.2%. The change primarily reflects upward revisions to consumer spending and nonresidential fixed investment. Real GDP increased at an annual rate of 3.4% for the October-through-December period after rising 4.9% in the third quarter of 2023. Thursday's final reading comes just under the BEA's original GDP estimate for the fourth quarter, which showed the economy increased at a rate of 3.3% and beat economic forecasts that anticipated a deceleration of growth over the previous month with the expectation that the economy would expand by a 2% rate. Economic growth is a crucial metric the Federal Reserve is monitoring as it weighs when it will begin dialing back interest rates. Fed officials have predicted at least three rate cuts th
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News
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- TransUnion (NYSE: TRU) had its price target raised by analysts at Morgan Stanley from $87.00 to $90.00. They now have an "overweight" rating on the stock.MarketBeat
- TransUnion (NYSE: TRU) had its price target raised by analysts at Stifel Nicolaus from $83.00 to $92.00. They now have a "buy" rating on the stock.MarketBeat
- Zenoo ensuring refugee charity stays safe [Yahoo! Finance]Yahoo! Finance
- TransUnion (NYSE: TRU) had its price target raised by analysts at Robert W. Baird from $87.00 to $94.00. They now have an "outperform" rating on the stock.MarketBeat
TRU
Earnings
- 4/25/24 - Beat
TRU
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/23/24 - Form 8-K
- TRU's page on the SEC website