Western Union Reports Second Quarter Results

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Western Union (WU) Misses Q2 EPS by 15c; Offers FY19 EPS Guidance Below Consensus

August 1, 2019 4:09 PM EDT

Western Union (NYSE: WU) reported Q2 EPS of $0.45, $0.15 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.34 billion.

President and CEO Hikmet Ersek said: Our second quarter results were stable, and strong growth in digital continued, with particularly impressive results in cross-border digital transactions. We also saw more leading global brands turn to Western Union for our unique cross-border capabilities. We remain on track to deliver on our 2019... More