Western Union (WU) Misses Q2 EPS by 3c

Western Union (NYSE: WU) reported Q2 EPS of $0.36, $0.03 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.36 billion.

Western Union sees FY2015 EPS of $1.60-$1.67, versus the consensus of $1.63.

“We posted another quarter of solid results, with improved constant currency revenue trends across all our business segments, despite some geopolitical and global economic challenges,” saidPresident and Chief Executive Officer Hikmet Ersek. “Westernunion.com growth also accelerated in the quarter. Our global digital presence is expanding quickly, as we continue to advance our omnichannel strategy for cross border money movement.”

Executive Vice President and Chief Financial Officer Raj Agrawal stated, “Based on our performance to date and our projections for the remainder of the year, we are pleased to be able to increase our full year outlooks for adjusted earnings per share and constant currency revenue growth.”

For earnings history and earnings-related data on Western Union (WU) click here.

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