Western Union Reports Third Quarter Results

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Western Union (WU) Tops Q3 EPS by 4c, Revenues Miss; Raises FY18 EPS Outlook Above Consensus

November 1, 2018 4:07 PM EDT

Western Union (NYSE: WU) reported Q3 EPS of $0.52, $0.04 better than the analyst estimate of $0.48. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.43 billion.

Third quarter results were solid, driven by continued double-digit revenue growth from westernunion.com and strong profitability, said president and CEO Hikmet Ersek. Strategically, we made good progress on key initiatives, including advancing our digital... More