Western Union Reports Third Quarter Results

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Go back to Western Union Reports Third Quarter Results

Western Union (WU) Tops Q3 EPS by 11c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

October 29, 2020 4:08 PM EDT

Western Union (NYSE: WU) reported Q3 EPS of $0.57, $0.11 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.25 billion.

Revenue of $1.3 billion; Earnings per share $0.55 GAAP, $0.57 AdjustedMoney transfer trends continue to improve with digital revenue growth of 45%Strong profitability with operating margin of 22.7% GAAP, 23.5% AdjustedReissues full year 2020 financial outlook

President and CEO Hikmet Ersek said, Our solid third quarter performance highlights the value of our services and the resiliency of our customers in providing vital support for... More