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

The Western Union

24/04/2024 22:01

* Western Union Co  WU.N  reported quarterly adjusted
earnings of
45 cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 43
cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 41 cents per share. Wall Street
expected results to range from 37 cents to 47 cents per share.
    * Revenue rose 1.2% to $1.05 billion from a year ago;
analysts
expected $1.01 billion. 
    * Western Union Co's reported EPS for the quarter was 41
cents​.
    * The company reported quarterly net income of $142.7
million.
    * Western Union Co shares had fallen by 4.1% this
quarter and
gained 12.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 April 24 at
09:01 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
 Mar. 31 2024      0.41           0.45           Beat
 Dec. 31 2023      0.37           0.37           Met
 Sep. 30 2023      0.39           0.43           Beat
 Jun. 30 2023      0.39           0.51           Beat