Western Union (WU) Misses Q1 EPS by 4c, Revenues Miss; Offers FY19 EPS Guidance

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Go back to Western Union (WU) Misses Q1 EPS by 4c, Revenues Miss; Offers FY19 EPS Guidance

Western Union Reports First Quarter Results

May 7, 2019 4:05 PM EDT

Strong digital growth continues
Over $260 million returned to shareholders through dividends and repurchases
Sale of Speedpay business for approximately $750 million expected to be completed in May

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today reported first quarter financial results and its updated financial outlook for 2019.

In the first quarter, the Company generated revenue of $1.3 billion, a decline of 4% on a reported basis or an increase of 2% in adjusted constant currency terms, compared to the... More