We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Western Union (WU) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
Analysts on Wall Street project that Western Union (WU - Free Report) will announce quarterly earnings of $0.44 per share in its forthcoming report, representing an increase of 2.3% year over year. Revenues are projected to reach $1.03 billion, declining 5.9% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Western Union metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenue- Consumer Services' stands at $83.16 million. The estimate indicates a year-over-year change of +5.5%.
It is projected by analysts that the 'Revenue- Consumer Money Transfer' will reach $950.41 million. The estimate points to a change of -6.7% from the year-ago quarter.
Analysts expect 'Consumer Money Transfer transactions- Total' to come in at 70.97 million. The estimate is in contrast to the year-ago figure of 70.6 million.
Over the past month, Western Union shares have recorded returns of +2.2% versus the Zacks S&P 500 composite's +3.8% change. Based on its Zacks Rank #3 (Hold), WU will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Western Union (WU) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Analysts on Wall Street project that Western Union (WU - Free Report) will announce quarterly earnings of $0.44 per share in its forthcoming report, representing an increase of 2.3% year over year. Revenues are projected to reach $1.03 billion, declining 5.9% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some Western Union metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenue- Consumer Services' stands at $83.16 million. The estimate indicates a year-over-year change of +5.5%.
It is projected by analysts that the 'Revenue- Consumer Money Transfer' will reach $950.41 million. The estimate points to a change of -6.7% from the year-ago quarter.
Analysts expect 'Consumer Money Transfer transactions- Total' to come in at 70.97 million. The estimate is in contrast to the year-ago figure of 70.6 million.
View all Key Company Metrics for Western Union here>>>
Over the past month, Western Union shares have recorded returns of +2.2% versus the Zacks S&P 500 composite's +3.8% change. Based on its Zacks Rank #3 (Hold), WU will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>