Western Union (WU) Tops Q1 EPS by 2c

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Go back to Western Union (WU) Tops Q1 EPS by 2c

Western Union Reports First Quarter Results

May 5, 2020 4:05 PM EDT

Revenue of $1.2 billion; earnings per share $0.42 GAAP, $0.44 adjusted
Margin expanded year-over-year: 19.6% GAAP, 20.5% adjusted
Generated solid cash flow during the first quarter and financial position remains strong

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today reported first quarter financial results and provided a business update that considers the potential impact of the COVID-19 pandemic.

The Company generated revenue of $1.2 billion in the first quarter, a decline of 11%... More