The Western Union (WU) Issues Earnings Results, Misses Estimates By $0.04 EPS

The Western Union (NYSE:WU) issued its earnings results on Tuesday. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.04), Bloomberg Earnings reports. The Western Union had a return on equity of 116.85% and a net margin of 3.83%. During the same period in the previous year, the business posted $0.47 earnings per share. The Western Union updated its FY18 guidance to $1.78-$1.90 EPS.

The Western Union (NYSE:WU) traded down $0.02 during trading hours on Tuesday, hitting $19.75. The stock had a trading volume of 7,354,442 shares, compared to its average volume of 6,725,575. The Western Union has a 52-week low of $18.39 and a 52-week high of $22.21. The company has a debt-to-equity ratio of 4.98, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $8,891.90, a PE ratio of 43.04, a PEG ratio of 1.81 and a beta of 1.05.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Friday, March 16th will be given a dividend of $0.19 per share. This is a boost from The Western Union’s previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.85%. The Western Union’s dividend payout ratio (DPR) is 152.17%.

WU has been the topic of several analyst reports. Zacks Investment Research downgraded The Western Union from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Susquehanna Bancshares raised The Western Union from a “negative” rating to a “neutral” rating in a research report on Monday, January 8th. UBS Group raised The Western Union to a “neutral” rating in a research report on Monday, January 8th. Goldman Sachs Group reaffirmed a “sell” rating and set a $17.00 price target on shares of The Western Union in a research report on Thursday, December 14th. Finally, ValuEngine raised The Western Union from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $19.85.

In other news, EVP Jean Claude Farah sold 50,813 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $21.50, for a total transaction of $1,092,479.50. Following the sale, the executive vice president now directly owns 152,362 shares in the company, valued at approximately $3,275,783. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Amintore Schenkel sold 15,600 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $21.99, for a total value of $343,044.00. Following the sale, the insider now owns 93,694 shares in the company, valued at $2,060,331.06. The disclosure for this sale can be found here. 1.10% of the stock is owned by company insiders.

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The Western Union Company Profile

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 The Western Union (NYSE:WU)

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