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Stock impact report

Western Union Reports First Quarter 2024 Results

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Q1 GAAP revenue of $1.05 billion, up 1% on a reported basis, or up 3% on an adjusted basisQ1 GAAP EPS of $0.41, up 3% or adjusted EPS of $0.45, up 5%Consumer Money Transfer transactions grew 6% in Q1 led by 13% growth in Branded Digital transactionsBranded Digital revenue grew 9% on reported and adjusted basisRaised 2024 full year guidance for revenue and EPS DENVER--(BUSINESS WIRE)--The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported first quarter 2024 financial results.The Company’s first-quarter revenue of $1.05 billion improved 1% on a reported basis or grew 3% on a constant currency basis, net of Argentina inflation compared to the prior year period, and excluding last year’s contribution from Business Solutions.“This year is off to a positive start with high-single digit revenue growth in our Branded Digital business,” said Devin McGranahan, President and Chief Executive Officer, Western Union. “The acceleration of our digital business was a Show less Read more
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