earnings
confidence high
sentiment negative
materiality 0.75
Western Union Q2 EPS misses; revenue $1.0B down 1%; Intermex acquisition delayed; cuts 2026 outlook
Western Union CO
- Q2 GAAP EPS $0.24 (down from $0.37); adjusted EPS $0.31 (down from $0.42); revenue $1.0B (-1% YoY).
- Consumer Services revenue +4% GAAP (+12% adjusted); Branded Digital revenue +7% GAAP (+6% adjusted) with 25% transaction growth.
- GAAP operating margin 13% vs 19% prior year; adjusted margin 15% vs 19% due to retail slowdown and higher costs.
- Intermex acquisition still awaiting NYDFS approval; delayed close pushes out expected synergies.
- Updated 2026 outlook: adjusted revenue growth 4-6%, adjusted EPS $1.25-$1.35 (assumes Intermex close Sept 1).