Western Union Co reports results for the quarter ended in September 30 - Earnings Summary

The Western Union

24/10/2024 04:01

* Western Union Co  WU.N  reported quarterly adjusted
earnings of
46 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 43 cents.  The mean expectation of eighteen analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 41 cents to 47 cents per share.
    * Revenue fell 5.6% to $1.04 billion from a year ago;
analysts
expected $1.03 billion. 
    * Western Union Co's reported EPS for the quarter was 78
cents​.
    * The company reported quarterly net income of $264.8
million.
    * Western Union Co shares had fallen by 2.8% this
quarter and
lost 2.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 12
"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 October 24 at
03:01 a.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
 Sep. 30 2024      0.44           0.46           Beat
 Jun. 30 2024      0.45           0.44           Missed
 Mar. 31 2024      0.41           0.45           Beat
 Dec. 31 2023      0.37           0.37           Met