MoneyGram International Reports Third Quarter 2019 Financial Results

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MoneyGram (MGI) Misses Q3 EPS by 6c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

November 1, 2019 5:50 AM EDT

MoneyGram (NASDAQ: MGI) reported Q3 EPS of ($0.03), $0.06 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $324.6 million versus the consensus estimate of $334.45 million.

Third Quarter 2019 Financial Results

Total revenue was $324.6 million and $347.2 million for the three months ended September 30, 2019 and 2018, respectively.Money transfer revenue was $284.9 million for the quarter compared to $304.2 million for the three months ended September 30,... More