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0 0 -0.00177998014293507 -0.00177998014293507 -0.00177998014293507 8.94462383382382E-06 -0.000885517759550624 -0.000885517759550624
Stock impact report

Why Western Union Stock Wilted Today [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
Unfortunately, that effect was negative, as investors traded out of the stock to leave it with a more than 3% loss in price. This was on a day when the bellwether S&P 500 index grew, albeit marginally, at a 0.2% pace. Western Union's third quarter results actually crossed the wires after market hours Wednesday, and showed that the company's generally accepted accounting principles ( GAAP ) revenue was $1.04 billion for the period. This was down by 6% on a year-over-year basis. Under the same standard, net income flew 55% higher to just under $265 million. However, on a per-share, non-GAAP (adjusted) basis the rise was more modest, at 7% to $0.46 per share. According to pundit estimates compiled by Zack's, Western Union's revenue notched a slight beat on the consensus, while adjusted net income exceeded the average projection by nearly 5%. In the earnings release, management chalked up the better-than-anticipated performance to the implementation of its Evolve 2025 business strat Show less Read more
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