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Stock impact report

Western Union Reports Third Quarter 2024 Results

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Q3 GAAP revenue of $1.04 billion, down 6% on a reported basis; Adjusted revenue, excluding Iraq, was up 1%Branded Digital reported revenue grew 8%, or 9% on an adjusted basis, with transactions up 15%Consumer Services revenue grew 32% on a reported basis and 15% on an adjusted basisQ3 GAAP EPS of $0.78 or adjusted EPS of $0.46 DENVER--(BUSINESS WIRE)--The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported third quarter 2024 financial results.The Company’s third-quarter revenue of $1.04 billion decreased 6% on a reported basis. The revenue decline was driven by lower contribution from Iraq compared to the prior year period, which negatively impacted the revenue growth rate by 7 percentage points, partially offset by growth in Branded Digital and Consumer Services.“We are pleased with third quarter results, which demonstrate continued progress of our Evolve 2025 strategy,” said Devin McGranahan, President and Chief Executive Officer. “We’ve maintained Show less Read more
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