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Western Union Co Q3 Profit Decreases, But Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Western Union Co (WU) reported earnings for third quarter that Decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $139.6 million, or $0.43 per share. This compares with $264.8 million, or $0.78 per share, last year.

Excluding items, Western Union Co reported adjusted earnings of $151.2 million or $0.47 per share for the period.

Analysts on average had expected the company to earn $0.43 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.4% to $1.032 billion from $1.036 billion last year.

Western Union Co earnings at a glance (GAAP) :

-Earnings: $139.6 Mln. vs. $264.8 Mln. last year.
-EPS: $0.43 vs. $0.78 last year.
-Revenue: $1.032 Bln vs. $1.036 Bln last year.

-Guidance:
Full year EPS guidance: $1.65 - $1.75
Full year revenue guidance: $4.085 - $4.185 Bln

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