Western Union beats Q1 revenue estimates on consumer services strength, reaffirms 2026 outlook

The Western Union

24/04/2026 12:39

Overview

US money transfer firm's Q1 revenue flat yr/yr, beating analyst expectations

Adjusted EPS for Q1 missed consensus, impacted by higher costs and discrete items

Company reaffirmed 2026 outlook and expects Intermex deal to close in Q2

Outlook

Western Union reaffirms 2026 GAAP revenue growth of 5% to 8%

Company expects 2026 adjusted EPS of $1.75 to $1.85

Company assumes Intermex acquisition closes in Q2 2026

Result Drivers

CONSUMER SERVICES GROWTH - Co said Consumer Services revenue rose 24% on GAAP basis, driven by expansion of Travel Money business and acquisition of Eurochange Limited, as well as higher bill payment revenues

BRANDED DIGITAL EXPANSION - Branded Digital revenue increased 9% on GAAP basis, with 21% transaction growth, per co

AMERICAS RETAIL WEAKNESS - Co said macro pressure in Americas retail business offset segment growth

Company press release: ID:nBw56RvN9a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$983 mln
$960.57 mln (14 Analysts)
Q1 Adjusted EPS
Miss
$0.25
$0.39 (16 Analysts)
Q1 EPS
$0.20


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 11 "hold" and 7 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for Western Union Co is $10.00, about 7.2% above its April 23 closing price of $9.33

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)