PYMNTS-MonitorEdge-May-2024

Today in Data: Western Union’s Mixed Earnings

While Tuesday’s earnings for Western Union were a mixed bag, the overall 2017 outlook remains steady.

Although there’s been no change in the regulatory environment and the bidding war for MoneyGram is still underway, Western Union performed well across the board.

Here are the numbers:

$0.35 | Tuesday night’s earnings which was below analysts’ $0.39 expectations

$1.3 billion | Current Western Union revenues

2 percent | Increase in transactions

27 percent | Increase in westernunion.com business

10 percent | Increase in consumer-to-business segment

 

PYMNTS-MonitorEdge-May-2024