Western Union Company (The) (NYSE:WU) announced its earnings results on Thursday. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.09, Bloomberg Earnings reports. Western Union Company (The) had a net margin of 3.50% and a return on equity of 92.41%. The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the business earned $0.46 earnings per share. Western Union Company (The)’s revenue was up 5.0% compared to the same quarter last year. Western Union Company (The) updated its FY17 guidance to $1.75-$1.85 EPS.

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A number of brokerages have weighed in on WU. ValuEngine lowered shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research lowered shares of Western Union Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. Mizuho restated a “sell” rating and set a $16.00 target price on shares of Western Union Company (The) in a report on Sunday, October 15th. Jefferies Group LLC restated a “hold” rating and set a $19.00 target price on shares of Western Union Company (The) in a report on Thursday, October 12th. Finally, Barclays PLC lifted their target price on shares of Western Union Company (The) from $21.00 to $22.00 and gave the company an “underweight” rating in a report on Friday, August 4th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $20.38.

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.

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

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