earnings
confidence high
sentiment neutral
materiality 0.65
Western Union Q2 revenue $1.07B, down 7% adjusted; EPS $0.44; reiterates 2024 outlook
Western Union CO
2024-Q2 EPS reported
$0.83
revenue$2,115,500,000
- Q2 GAAP revenue $1.07B, down 9% reported (7% adjusted); Iraq headwind of 7pp on adjusted growth.
- GAAP EPS $0.41 vs $0.47 prior year; adjusted EPS $0.44 vs $0.51 prior year.
- CMT transactions up 4%; Branded Digital transactions up 13% (revenue +5% reported, +7% adjusted).
- Consumer Services revenue grew 21% reported (+14% adjusted), driven by retail FX and money orders.
- FY2024 outlook reiterated: GAAP revenue $4,125M-$4,200M; adjusted EPS $1.70-$1.80.