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Western Union (WU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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Western Union (WU - Free Report) reported $1.07 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.9%. EPS of $0.44 for the same period compares to $0.51 a year ago.
The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $0.44, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Western Union performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Consumer Money Transfer transactions- Total
: 73.3 million versus the three-analyst average estimate of 67.94 million.
Revenue- Consumer Services
: $101.40 million compared to the $83.55 million average estimate based on five analysts. The reported number represents a change of +21.4% year over year.
Revenue- Consumer Money Transfer
: $965 million compared to the $972.50 million average estimate based on five analysts. The reported number represents a change of -10% year over year.
Segment Operating Income (Loss)- Consumer Services
: $11.10 million compared to the $6.41 million average estimate based on two analysts.
Segment Operating Income (Loss)- Consumer Money Transfer
: $191.50 million compared to the $199.84 million average estimate based on two analysts.
Shares of Western Union have returned +5.9% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Western Union (WU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Western Union (WU - Free Report) reported $1.07 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.9%. EPS of $0.44 for the same period compares to $0.51 a year ago.
The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $0.44, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Western Union performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Western Union here>>>Consumer Money Transfer transactions- Total
: 73.3 million versus the three-analyst average estimate of 67.94 million.Revenue- Consumer Services
: $101.40 million compared to the $83.55 million average estimate based on five analysts. The reported number represents a change of +21.4% year over year.Revenue- Consumer Money Transfer
: $965 million compared to the $972.50 million average estimate based on five analysts. The reported number represents a change of -10% year over year.Segment Operating Income (Loss)- Consumer Services
: $11.10 million compared to the $6.41 million average estimate based on two analysts.Segment Operating Income (Loss)- Consumer Money Transfer
: $191.50 million compared to the $199.84 million average estimate based on two analysts.Shares of Western Union have returned +5.9% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.