Western Union (WU) Soars 6.2%: Is Further Upside Left in the Stock?

Company Overview - Western Union (WU) shares increased by 6.2% to close at $8.6, supported by strong trading volume, contrasting with a 4.1% decline over the past four weeks [1][2] - The company is focusing on stablecoins as a growth area, aiming to enhance cross-border money transfers and maintain value stability in volatile markets [2] Earnings Expectations - WU is projected to report quarterly earnings of $0.44 per share, unchanged from the previous year, with revenues expected to be $1.04 billion, a decrease of 2.9% year-over-year [3] - The consensus EPS estimate has been slightly revised higher in the last 30 days, indicating a potential for price appreciation [4] Industry Context - Western Union operates within the Zacks Financial Transaction Services industry, which includes other companies like Shift4 Payments (FOUR) [5] - Shift4 Payments has seen a 13.2% return over the past month, with its EPS estimate for the upcoming report revised down by 1.2% to $1.23, reflecting a year-over-year increase of 28.1% [6]