MoneyGram International Reports First Quarter 2018 Financial Results

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MoneyGram (MGI) Misses Q1 EPS by 11c

May 8, 2018 6:31 AM EDT

MoneyGram (NASDAQ: MGI) reported Q1 EPS of $0.15, $0.11 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $380 million versus the consensus estimate of $386.32 million.

"2018 will be a transition year for MoneyGram as we continue to invest and reposition the company to compete in a fast changing... More