secwatch.observer — SEC 8-K summary
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Issuer:     Western Union CO (WU)
CIK:        0001365135
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0000950170-22-019729
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Union preliminary Q3 EPS $0.45, revenue down 15% YoY; reaffirms 2022 outlook
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- Expected Q3 GAAP EPS $0.45, adjusted EPS $0.42; revenue ~$1.1B (-15% reported, -6% constant currency excl. Business Solutions).
- Reaffirmed full-year 2022 outlook: GAAP EPS $2.18-$2.28, adjusted $1.75-$1.85; operating margin 20%-21%.
- Business Solutions divestiture continues; second closing (UK) expected Dec 1, 2022 with ~$93M pre-tax gain; third closing (EU) in Q1 2023.
- Russia/Belarus suspension negatively impacted revenue by ~3pp; Argentina inflation benefited by ~1pp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1365135/000095017022019729/0000950170-22-019729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1365135/000095017022019729/wu-20221019.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019729

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