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

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

Western Union Reports Third Quarter Results

November 1, 2018 4:05 PM EDT

Strong digital growth continued
Operating margin improvement
Over $600 million returned to shareholders year-to-date
Launching new cross-border e-commerce payment option

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today reported third quarter financial results and an updated outlook for 2018.

In the third quarter, the Company generated revenue of $1.4 billion, which declined 1% compared to the prior year, or increased 3% on a constant currency basis. The strengthening of the dollar against the Argentine peso reduced... More