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Western Union's Q1 Adjusted Earnings, Revenue Advance; 2024 Outlook Increased
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Western Union's Q1 Adjusted Earnings, Revenue Advance; 2024 Outlook Increased
Apr 25, 2024 1:48 AM

04:22 AM EDT, 04/25/2024 (MT Newswires) -- Western Union ( WU ) reported Q1 adjusted earnings late Wednesday of $0.45 per diluted share, up from $0.43 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Revenue for the quarter ended March 31 was $1.05 billion, up from $1.04 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.01 billion.

For full-year 2024, the financial services and cash transfer firm now expects adjusted earnings of $1.70 to $1.80 per share on revenue of $4.13 billion to $4.2 billion, up from its previous estimate of adjusted EPS of $1.65 to $1.75 on revenue of $4.08 billion to $4.18 billion. Analysts polled by Capital IQ expect adjusted earnings of $1.74 per share on revenue of $4.17 billion.

Price: 14.02, Change: +0.43, Percent Change: +3.16

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