The Western Union Company (WU) recently announced that it has joined forces with Adonis supermarkets to enhance cross-border money transfer services in Canada. The strategic partnership is expected to enable them to provide Western Union’s services to consumers in Adonis Seville and Adonis Griffintown locations in Montreal.The move is expected to boost Western Union’s footprint in Canada. The company continues to increase its penetration of the global cross-border consumer payments market. It divested its B ...

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The Western Union Company (WU) posted robust first-quarter 2024 results, driven by the Branded Digital business' resilience, growth in transactions, solid Consumer Money Transfer business performance and stabilization of the retail business. This solid performance prompted the company to raise its full-year outlook. However, increased expenses tempered some of the gains.It announced first-quarter 2024 adjusted earnings per share (EPS) of 45 cents, which beat the Zacks Consensus Estimate by 12.5%. The bottom ...

Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders.Branded digital transactions grew by 13% year over year (YoY), the company detailed in its materials. CEO Devin McGranahan said during the conference call with analysts that consumer money transfer transactions 6% growth rate marked the third consecutive quarter with 5% or more transaction growth.Adjusted revenue growth was 3%, YoY, to a bit more than $1 billion.“The macro backdrop remains co ...

The Western Union Company (NYSE:WU) Q1 2024 Earnings Conference Call April 24, 2024 4:30 PM ET Company Participants Tom Hadley - Head of IR Devin McGranahan - CEO Matt Cagwin - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Timothy Chiodo - Credit Suisse Will Nance - Goldman Sachs Andrew Schmidt - Citi Vasundhara Govil - KBW Ken Suchoski - Autonomous Jason Kupferberg - Bank of America Bryan Keane - Deutsche Bank James Faucette - Morgan Stanley Operator Good day and welcome to the Western Union ...

For the quarter ended March 2024, Western Union (WU) reported revenue of $1.05 billion, up 1.2% over the same period last year. EPS came in at $0.45, compared to $0.43 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of +3.94%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.40.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

b 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 March 31, 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 THE WESTERN UNION COMPANY (Exact name of registrant as specified in its charter) Delaware 20-4531180 (State or Other Juri sdiction ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Western Union Reports First Quarter 2024 Results • Q1 GAAP revenue of $1.05 billion, up 1% on a reported basis, or up 3% on an adjusted basis • Q1 GAAP EPS of $0.41, up 3% or adjusted EPS of $0.45, up 5% • Consumer Money Transfer transactions grew 6% in Q1 led by 13% growth in Branded Digital transactions • Branded Digital revenue grew 9% on reported and adjusted basis • Raised 2024 full year guidance for revenue and EPS DENVER, April 24, 2024 – The Western Union Company ( ...

The Western Union Company (WU) is scheduled to release first-quarter 2024 results on Apr 24, 2024, after market close.Q1 EstimatesThe Zacks Consensus Estimate for Western Union’s first-quarter earnings per share is pegged at 40 cents, indicating a decline of 7% from the year-ago quarter’s reported figure.The consensus mark for revenues is pegged at $1 billion, suggesting a 2.7% fall from the year-ago quarter’s reported number.Earnings Surprise HistoryWestern Union’s bottom line beat estimates in each of the ...

DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) and the Western Union Foundation are proud to recognize Arian Hajihassani as our CEO Scholar of the Year, the organization’s highest scholarship award for the 2023-2024 school year. Hajihassani is a first-generation university student studying biochemistry and mathematics at Duquesne University in Pittsburgh. Driven by an insatiable desire to learn and make meaningful contributions to cancer treatment and prevention, Hajihassani has already de ...