Money transfer company Western Union (NYSE: WU) will be announcing earnings results this Thursday after market hours. Here’s what to expect.
Western Union missed analysts’ revenue expectations by 1.3% last quarter, reporting revenues of $1.03 billion, down 3.8% year on year. It was a slower quarter for the company, with and .
Is Western Union a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Western Union’s revenue to decline 1.2% year on year to $1.02 billion, improving from the 5.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.43 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Western Union has missed Wall Street’s revenue estimates twice over the last two years.
With Western Union being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for financial services stocks. However, the whole sector has been hit hard over the last month as stocks in Western Union’s peer group are down 4.2% on average. Western Union’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $9.18 (compared to the current share price of $8.13).
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