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Stock impact report

Western Union's Q3 Earnings Beat on Branded Digital Strength [Yahoo! Finance]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, total revenues declined 6% on a reported basis to $1.04 billion due to a fall in contributions from Iraq, partly offset by a well-performing Branded Digital business. Additionally, the top line beat the Zacks Consensus Estimate by 0.4%. The quarterly results benefited from strong transaction growth in the Branded Digital business, retail foreign exchange business strength and the introduction of its media network business. A decline in overall expenses also provided some respite to margins. However, the upside was partly offset by reduced contributions from Iraq and a decline in revenues from the Consumer Services (CS) unit. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Adjusted operating margin was 19.1%, which deteriorated 50 basis points (bps) year over year due to reduced contributions from operations in Iraq and strategic investments in new and expanded CS products. The Western Union Company price-consensus-eps-surprise-chart | The We Show less Read more
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