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

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Western Union Reports Third Quarter Results

October 29, 2020 4:05 PM EDT

Revenue of $1.3 billion; Earnings per share $0.55 GAAP, $0.57 Adjusted

Money transfer trends continue to improve with digital revenue growth of 45%

Strong profitability with operating margin of 22.7% GAAP, 23.5% Adjusted

Reissues full year 2020 financial outlook

DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today reported third quarter financial results, and provided a financial outlook for 2020.

The Companys third quarter revenue of $1.3... More