Western Union (NYSE:WU – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.700-1.800 for the period, compared to the consensus estimate of 1.760. The company issued revenue guidance of $4.2 billion-$4.2 billion, compared to the consensus revenue estimate of $4.2 billion. Western Union also updated its FY24 guidance to $1.70-1.80 EPS.
Western Union Trading Up 0.5 %
Shares of WU traded up $0.06 during midday trading on Friday, hitting $11.22. 3,283,690 shares of the stock were exchanged, compared to its average volume of 4,059,814. Western Union has a 52-week low of $10.92 and a 52-week high of $14.19. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a fifty day simple moving average of $11.86 and a 200 day simple moving average of $12.38. The firm has a market cap of $3.79 billion, a P/E ratio of 6.85, a P/E/G ratio of 1.74 and a beta of 0.86.
Western Union (NYSE:WU – Get Free Report) last released its earnings results on Wednesday, October 23rd. The credit services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.02. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.03 billion. Western Union had a return on equity of 123.71% and a net margin of 13.64%. Western Union’s revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.43 EPS. On average, research analysts anticipate that Western Union will post 1.76 EPS for the current fiscal year.
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About Western Union
The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices.
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