Western Union's Q3 Earnings Beat on Branded Digital Strength
Western Union(WU) ZACKS·2024-10-24 19:06
The Western Union Company (WU) reported third-quarter 2024 adjusted earnings per share (EPS) of 46 cents, which surpassed the Zacks Consensus Estimate by 4.6%. The bottom line advanced 7% year over year.However, total revenues declined 6% on a reported basis to $1.04 billion due to a fall in contributions from Iraq, partly offset by a well-performing Branded Digital business. Additionally, the top line beat the Zacks Consensus Estimate by 0.4%.The quarterly results benefited from strong transaction growth i ...