Western Union Co (WU) released earnings for first quarter that decreased from the same period last year in line with the Street estimates.
The company's earnings came in at $123.5 million, or $0.36 per share. This compares with $142.7 million, or $0.41 per share, last year.
Excluding items, Western Union Co reported adjusted earnings of $139.8 million or $0.41 per share for the period.
Analysts on average had expected the company to earn $0.41 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 6.2% to $983.6 million from $1.049 billion last year.
Western Union Co earnings at a glance (GAAP) :
-Earnings: $123.5 Mln. vs. $142.7 Mln. last year.
-EPS: $0.36 vs. $0.41 last year.
-Revenue: $983.6 Mln vs. $1.049 Bln last year.
-Guidance:
Full year EPS guidance: $1.75 to $1.85
Full year revenue guidance: $4,115 to $4,215 Mln
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