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Western Union(WU) - 2024 Q2 - Quarterly Report
2024-07-30 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32903 b THE WESTERN UNION COMPANY (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Incorpora ...
Western Union(WU) - 2024 Q2 - Quarterly Results
2024-07-30 20:05
Exhibit 99.1 FOR IMMEDIATE RELEASE Western Union Reports Second Quarter 2024 Results • Consumer Money Transfer transactions grew 4% in Q2 led by 13% growth in Branded Digital transactions • Q2 GAAP revenue of $1.07 billion, down 9% on a reported basis, or down 7% on an adjusted basis, including 7% headwind from Iraq • Consumer Services revenue grew 21% on a reported basis and 14% on an adjusted basis • Q2 GAAP EPS of $0.41 or adjusted EPS of $0.44 DENVER, July 30, 2024 – The Western Union Company (the "Comp ...
Will Western Union's (WU) Q2 Profits Wire Up or Break Down?
ZACKS· 2024-07-25 16:10
Swiss pharma giant Roche Holding AG (RHHBY) posted strong growth in the second quarter and first half of 2024 that propelled the company to raise its annual earnings guidance.Second-quarter revenues increased 7% to CHF 15.4 billion. Sales were up 9% at constant exchange rates (CER) as the decline in COVID-19-related product sales no longer affected the overall top-line growth.The company reports under two divisions — Pharmaceuticals and Diagnostics. All growth rates mentioned below are on a year-over-year b ...
Western Union (WU) Laps the Stock Market: Here's Why
ZACKS· 2024-07-22 23:21
The most recent trading session ended with Western Union (WU) standing at $12.61, reflecting a +1.2% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 1.08%. On the other hand, the Dow registered a gain of 0.32%, and the technology-centric Nasdaq increased by 1.58%.Shares of the money transfer company witnessed a gain of 0.97% over the previous month, beating the performance of the Business Services sector with its loss of 3.28% and the S&P 500's gain of 0.43%.In ...
Western Union (WU) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-16 23:21
Western Union (WU) closed at $12.60 in the latest trading session, marking a +1.2% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.64%. Elsewhere, the Dow gained 1.85%, while the tech-heavy Nasdaq added 0.2%.Prior to today's trading, shares of the money transfer company had gained 2.13% over the past month. This has lagged the Business Services sector's gain of 2.71% and the S&P 500's gain of 3.82% in that time.Investors will be eagerly watching for the perfor ...
Why Hold is Your Best Bet for Western Union (WU) Stock Now
ZACKS· 2024-07-11 16:45
The Western Union Company (WU) , a stalwart in the global payments industry, offers robust services in money transfer and payment solutions. Leveraging increasing transaction volumes and resilience in its Branded Digital business, the company is poised for growth. Strong Latin American, Caribbean, the Middle East, Africa, South Asia and North America performance are supporting its Consumer Money Transfer segment growth.Headquartered in Denver, CO, WU currently has a market cap of $4.2 billion. Over the year ...
Western Union (WU) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-07-10 23:21
The most recent trading session ended with Western Union (WU) standing at $12.39, reflecting a +0.32% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%.Heading into today, shares of the money transfer company had lost 1.91% over the past month, lagging the Business Services sector's gain of 0.23% and the S&P 500's gain of 4.44% in that time.The invest ...
Western Union's (WU) Concept Store Sets Foot in Morocco
ZACKS· 2024-06-27 19:15
The Western Union Company (WU) recently teamed up with the payment institution, Cash Plus, to unveil Africa’s first "concept store" in the satellite city of Errahma, Morocco.A concept store provides access to personalized, safe and seamless international money transfer services in a high-traffic area. The store has been designed to provide easy access to a wide array of services and more flexibility, thus ensuring customers can connect with dedicated service representatives for personalized support and guid ...
Why Western Union (WU) Outpaced the Stock Market Today
ZACKS· 2024-06-17 23:20
Western Union (WU) ended the recent trading session at $12.19, demonstrating a +1.08% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.77% for the day. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%.Shares of the money transfer company have depreciated by 8.22% over the course of the past month, underperforming the Business Services sector's loss of 0.77% and the S&P 500's gain of 3.71%.Mar ...
Western Union (WU) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-11 23:01
Western Union (WU) closed the most recent trading day at $12.59, moving -1.41% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%.The money transfer company's stock has dropped by 4.49% in the past month, falling short of the Business Services sector's loss of 0.58% and the S&P 500's gain of 2.85%.Market participants will be closely following the financial results ...