Western Union(WU)

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Western Union's Digital Transactions Surge 13%
PYMNTS· 2024-04-25 00:28
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 ...
Western Union(WU) - 2024 Q1 - Earnings Call Transcript
2024-04-25 00:03
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 ...
Here's What Key Metrics Tell Us About Western Union (WU) Q1 Earnings
Zacks Investment Research· 2024-04-25 00:01
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 ...
Western Union(WU) - 2024 Q1 - Quarterly Report
2024-04-24 21:00
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 (State or Other Jurisdiction of Incorpor ...
Western Union(WU) - 2024 Q1 - Quarterly Results
2024-04-24 20:06
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 ( ...
Will a Weak CMT Unit Hamper Western Union's (WU) Q1 Earnings?
Zacks Investment Research· 2024-04-19 19:46
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 ...
CEO Devin McGranahan Selects Western Union Scholar of the Year
Businesswire· 2024-03-12 16:08
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 ...
Why Is Western Union (WU) Up 16.2% Since Last Earnings Report?
Zacks Investment Research· 2024-03-07 17:36
It has been about a month since the last earnings report for Western Union (WU) . Shares have added about 16.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Western Union due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Western Union Q4 Earnings Beat on High CMT ...
Western Union(WU) - 2023 Q4 - Annual Report
2024-02-21 16:00
FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 ☐ 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 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR (Exact name of registrant as specified in its charter) Registrant's telephone number, includ ...
BanCoppel Teams With Western Union to Receive Remittances Using Mobile App
Newsfilter· 2024-02-13 14:30
BanCoppel account holders will be able to receive up to USD $2,999 per day and USD $3,000 per month in remittances MEXICO CITY, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BanCoppel and Western Union today announced a new service for customers in Mexico to receive remittances digitally. Through the BanCoppel mobile app, which is available for Android and iOS, customers who receive cash remittances up to USD $2,999 per day and USD $3,000 per calendar month from abroad will be able to deposit them in their BanCoppel ba ...