Western Union Company (The) (WU) Expected to Announce Earnings of $0.44 Per Share

Equities analysts predict that Western Union Company (The) (NYSE:WU) will report earnings per share (EPS) of $0.44 for the current quarter, Zacks Investment Research reports. Eight analysts have made estimates for Western Union Company (The)’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.47. Western Union Company (The) also reported earnings per share of $0.44 during the same quarter last year. The company is scheduled to announce its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Western Union Company (The) will report full-year earnings of $1.76 per share for the current financial year, with EPS estimates ranging from $1.74 to $1.79. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.80 per share, with EPS estimates ranging from $1.67 to $1.90. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Western Union Company (The).

Western Union Company (The) (NYSE:WU) last posted its earnings results on Thursday, August 3rd. The credit services provider reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.08. Western Union Company (The) had a net margin of 3.50% and a return on equity of 92.41%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The firm’s revenue was up .2% on a year-over-year basis.

Several research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine upgraded shares of Western Union Company (The) from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus restated a “hold” rating and set a $20.00 price target (up previously from $19.00) on shares of Western Union Company (The) in a research report on Wednesday, August 9th. Barclays PLC raised their price target on shares of Western Union Company (The) from $21.00 to $22.00 and gave the company an “underweight” rating in a research report on Friday, August 4th. Finally, Mizuho began coverage on shares of Western Union Company (The) in a research report on Tuesday, June 27th. They set an “underperform” rating and a $16.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $20.38.

In related news, EVP John David Thompson sold 23,500 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $20.12, for a total transaction of $472,820.00. Following the transaction, the executive vice president now directly owns 129,650 shares in the company, valued at $2,608,558. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Prudential Financial Inc. raised its stake in Western Union Company (The) by 1.4% during the second quarter. Prudential Financial Inc. now owns 1,064,100 shares of the credit services provider’s stock worth $20,271,000 after purchasing an additional 14,830 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Western Union Company (The) by 10.3% during the second quarter. Robeco Institutional Asset Management B.V. now owns 303,283 shares of the credit services provider’s stock worth $5,777,000 after purchasing an additional 28,308 shares during the period. Oppenheimer Asset Management Inc. raised its stake in Western Union Company (The) by 15.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 327,285 shares of the credit services provider’s stock worth $6,234,000 after purchasing an additional 44,443 shares during the period. LSV Asset Management raised its stake in Western Union Company (The) by 3.6% during the second quarter. LSV Asset Management now owns 7,263,657 shares of the credit services provider’s stock worth $138,372,000 after purchasing an additional 253,100 shares during the period. Finally, Engineers Gate Manager LP purchased a new position in Western Union Company (The) during the second quarter worth about $4,541,000.

Shares of Western Union Company (NYSE:WU) opened at 19.52 on Monday. The firm has a 50-day moving average of $19.01 and a 200-day moving average of $19.28. The company has a market cap of $9.06 billion, a P/E ratio of 50.18 and a beta of 1.20. Western Union Company has a 52-week low of $18.39 and a 52-week high of $22.70.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.175 per share. The ex-dividend date was Thursday, September 14th. This represents a $0.70 dividend on an annualized basis and a yield of 3.59%. Western Union Company (The)’s payout ratio is presently 179.49%.

TRADEMARK VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/09/western-union-company-the-wu-expected-to-announce-earnings-of-0-44-per-share.html.

About Western Union Company (The)

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

Get a free copy of the Zacks research report on Western Union Company (The) (WU)

According to Zacks, analysts expect that Western Union Company (The) will report full-year earnings of $1.76 per share for the current financial year, with EPS estimates ranging from $1.74 to $1.79. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.80 per share, with EPS estimates ranging from $1.67 to $1.90. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Western Union Company (The).

Western Union Company (The) (NYSE:WU) last posted its earnings results on Thursday, August 3rd. The credit services provider reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.08. Western Union Company (The) had a net margin of 3.50% and a return on equity of 92.41%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The firm’s revenue was up .2% on a year-over-year basis.

Several research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Thursday. ValuEngine upgraded shares of Western Union Company (The) from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus restated a “hold” rating and set a $20.00 price target (up previously from $19.00) on shares of Western Union Company (The) in a research report on Wednesday, August 9th. Barclays PLC raised their price target on shares of Western Union Company (The) from $21.00 to $22.00 and gave the company an “underweight” rating in a research report on Friday, August 4th. Finally, Mizuho began coverage on shares of Western Union Company (The) in a research report on Tuesday, June 27th. They set an “underperform” rating and a $16.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $20.38.

In related news, EVP John David Thompson sold 23,500 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $20.12, for a total transaction of $472,820.00. Following the transaction, the executive vice president now directly owns 129,650 shares in the company, valued at $2,608,558. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Prudential Financial Inc. raised its stake in Western Union Company (The) by 1.4% during the second quarter. Prudential Financial Inc. now owns 1,064,100 shares of the credit services provider’s stock worth $20,271,000 after purchasing an additional 14,830 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Western Union Company (The) by 10.3% during the second quarter. Robeco Institutional Asset Management B.V. now owns 303,283 shares of the credit services provider’s stock worth $5,777,000 after purchasing an additional 28,308 shares during the period. Oppenheimer Asset Management Inc. raised its stake in Western Union Company (The) by 15.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 327,285 shares of the credit services provider’s stock worth $6,234,000 after purchasing an additional 44,443 shares during the period. LSV Asset Management raised its stake in Western Union Company (The) by 3.6% during the second quarter. LSV Asset Management now owns 7,263,657 shares of the credit services provider’s stock worth $138,372,000 after purchasing an additional 253,100 shares during the period. Finally, Engineers Gate Manager LP purchased a new position in Western Union Company (The) during the second quarter worth about $4,541,000.

Shares of Western Union Company (NYSE:WU) opened at 19.52 on Monday. The firm has a 50-day moving average of $19.01 and a 200-day moving average of $19.28. The company has a market cap of $9.06 billion, a P/E ratio of 50.18 and a beta of 1.20. Western Union Company has a 52-week low of $18.39 and a 52-week high of $22.70.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a dividend of $0.175 per share. The ex-dividend date was Thursday, September 14th. This represents a $0.70 dividend on an annualized basis and a yield of 3.59%. Western Union Company (The)’s payout ratio is presently 179.49%.

TRADEMARK VIOLATION NOTICE: This news story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/09/western-union-company-the-wu-expected-to-announce-earnings-of-0-44-per-share.html.

About Western Union Company (The)

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

Get a free copy of the Zacks research report on Western Union Company (The) (WU)

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Earnings History and Estimates for Western Union Company (The) (NYSE:WU)

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