Western Union (WU) In-Line Q4 Revenue, Offers Outlook
Western Union (NYSE: WU) reported Q4 EPS of $0.41, may not compare to analyst estimate of $0.45. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.4 billion.
2018 Outlook
The Company expects solid business performance in 2018, as it continues to execute its long-term growth strategies focusing on cross-border money movement and digital channel expansion. The impact of foreign exchange on 2018 results is expected to be minimal compared to the prior year.
The Company expects the following outlook for 2018:
Revenue
- Low to mid-single digit increase in GAAP and constant currency revenue
Operating Profit Margin
- Operating margin of approximately 20%
Tax Rate
- Effective tax rate of approximately 15% to 16%
Earnings per Share
- EPS in a range of $1.78 to $1.90
Cash Flow
- Cash flow from operating activities of approximately $800 million, which includes approximately $200 million of outflows for the combination of anticipated final tax payments related to the agreement with the U.S. Internal Revenue Service announced in 2011, the NYDFS settlement payment, and WU Way payments related to 2017 expenses
(Street sees FY EPS of $1.84)
For earnings history and earnings-related data on Western Union (WU) click here.
