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Western Union Co Q1 adjusted earnings Beat Estimates

Western Union Co (WU) released earnings for its first quarter that rose from last year.

The company's earnings totaled $213.6 million, or $0.46 per share. This compares with $161.7 million, or $0.33 per share, in last year's first quarter.

Excluding items, Western Union Co reported adjusted earnings of $207.6 million or $0.45 per share for the period.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $1.39 billion from $1.30 billion last year.

Western Union Co earnings at a glance:

-Earnings (Q1): $207.6 Mln. vs. $171.0 Mln. last year.
-EPS (Q1): $0.45 vs. $0.35 last year.
-Analysts Estimate: $0.42
-Revenue (Q1): $1.39 Bln vs. $1.30 Bln last year.

Full year EPS guidance: $1.80 to $1.90

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