MoneyGram International Reports Second Quarter 2016 Financial Results

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MoneyGram (MGI) Misses Q2 EPS by 6c

July 29, 2016 7:28 AM EDT

MoneyGram (NASDAQ: MGI) reported Q2 EPS of $0.15, $0.06 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $383.7 million versus the consensus estimate of $389.16 million.

For the full year 2016, the Company now expects 7%-9% constant currency revenue growth. The Company's outlook... More