WU Stock Recent News

Western Union gets a buy rating today, in line with the consensus from Seeking Alpha analysts. Positives: an 8% dividend yield higher than sector average, P/E ratio lower than average, strong capital/liquidity situation, share price below 200 day SMA. Headwinds: lack of positive YoY net income & EPS growth.

Western Union (WU) raises its guidance for 2023, thanks to better performance witnessed in Iraq.

Although the revenue and EPS for Western Union (WU) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

The Western Union Company (NYSE:WU ) Q2 2023 Results Conference Call July 26, 2023 4:30 PM ET Company Participants Tom Hadley - Head, IR Devin McGranahan - CEO Matt Cagwin - CFO Conference Call Participants Will Nance - Goldman Sachs Andrew Schmidt - Citi Bryan Keane - Deutsche Bank Darrin Peller - Wolfe Research David Togut - Evercore Jason Kupferberg - Bank of America Ken Suchoski - Autonomous Rayna Kumar - UBS Tien-Tsin Huang - JPMorgan Tim Chiodo - Credit Suisse Vasu Govil - KBW Operator Good day, and welcome to the Western Union Second Quarter 2023 Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

Western Union (WU) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.51 per share a year ago.

Operating income from Western Union's (WU) C2C segment is likely to have taken a hit in the second quarter from higher information technology related investments and lower revenues.

Western Union's (WU) second-quarter results are likely to reflect lower C2C transactions and revenues.

B2B FinTech Convera says it has completed its acquisition of Western Union Business Solutions (WUBS). WUBS was acquired last year by Goldfinch Partners and The Baupost Group for $910 million and rebranded as Convera, a new standalone payments operation.

DENVER--(BUSINESS WIRE)-- #crossborderpayments--The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference call to discuss second quarter 2023 results on July 26, 2023, at 4:30 p.m. ET. A press release highlighting the financial results will be issued at approximately 4:05 p.m. ET the same day. The webcast and presentation will be available at https://ir.westernunion.com. Registration for the event is re.

Western Union (WU) expands the reach of its money transfer services across Mexico by making them available at 332 branch offices of Fundacion Donde.