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 Stock Performance
WU traded up $0.06 on Friday, reaching $11.22. The stock had a trading volume of 3,283,690 shares, compared to its average volume of 4,059,814. The business’s 50-day moving average price is $11.86 and its two-hundred day moving average price is $12.38. The company has a market cap of $3.79 billion, a P/E ratio of 6.85, a price-to-earnings-growth ratio of 1.74 and a beta of 0.86. Western Union has a 12-month low of $10.92 and a 12-month high of $14.19. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.98.
Western Union (NYSE:WU – Get Free Report) last announced its earnings results on Wednesday, October 23rd. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.02. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. Western Union had a return on equity of 123.71% and a net margin of 13.64%. The business’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. Sell-side analysts forecast that Western Union will post 1.76 earnings per share for the current year.
Analyst Upgrades and Downgrades
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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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