Western Union Co reports results for the quarter ended in December - Earnings Summary

The Western Union

06/02/2024 23:50

* Western Union Co  WU.N  reported quarterly adjusted
earnings of
37 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of twenty analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 34 cents to 40 cents per share.
    * Revenue fell 3.6% to $1.05 billion from a year ago;
analysts
expected $1.02 billion. 
    * Western Union Co's reported EPS for the quarter was 35
cents​.
    * The company reported quarterly net income of $127 million.
    * Western Union Co shares had risen by 4.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 13
"hold" and 6 "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for Western Union Co
is $13.00 
This summary was machine generated from LSEG data February 6 at
11:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.37           0.37           Met
 Sep. 30 2023      0.39           0.43           Beat
 Jun. 30 2023      0.39           0.51           Beat
 Mar. 31 2023      0.34           0.43           Beat