Western Union

The Western Union Co. is a holding company, which engages in the provision of money transfer and payment services. It operates through the following segments: Consumer-to-Consumer, Business Solutions, and Other. The Consumer-to-Consumer segment facilitates money transfers between two consumers. The Business Solutions segment offers payment and foreign exchange solutions, cross-border, and cross-currency transactions for small and medium size enterprises and other organizations and individuals. The Other segment consists of electronic-based and cash-based bill payment services. The company was founded in 1851 and is headquartered in Denver, CO.

Earnings data Q1 2021

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Western Union faces revenue decline but focuses on digital growth

Western Union's Q4 2022 performance was impacted by geopolitical events, leading to revenue decline and lower earnings per share. Despite challenges, the company is focusing on digital growth, customer retention, and strategic partnerships to drive future success. Opportunities in digital expansion, pricing strategies, and customer retention initiatives present avenues for growth.

Western Union reports Q1 resilience, eyes growth in digital operations

Western Union's Q1 performance showed resilience amidst challenges, with a focus on stabilizing retail operations and accelerating digital growth.
While facing revenue declines in certain segments, the company is leveraging strengths in customer value enhancement and strategic partnerships.
Opportunities lie in capitalizing on regional successes, optimizing operations, and sustaining positive trends in transaction growth.
To drive future growth, Western Union must address challenges from geopolitical impacts, competitive pressures, and customer engagement.

Western Union reports strong Q2 earnings, eyes digital expansion

Western Union's Q2 2023 earnings call highlighted strong financial performance, with revenue growth, adjusted EPS exceeding expectations, and positive transaction trends in digital and retail businesses. The company's focus on customer-centric initiatives and strategic partnerships positions it well for future growth.
While facing challenges such as regulatory changes impacting volumes and the need to balance growth with cost management, Western Union has opportunities to expand its digital offerings, deepen customer relationships, and capitalize on market trends. The company's commitment to social responsibility and leadership development further strengthens its competitive position.
Overall, Western Union's performance in Q2 2023 reflects resilience and strategic foresight in navigating global economic challenges and driving growth in key regions. With a positive outlook for 2024 and a focus on innovation and customer experience, the company is poised for continued success in the remittance industry.
The company's emphasis on process improvements, cost savings, and revenue growth, coupled with opportunities in digital expansion and customer engagement, underscores Western Union's commitment to driving value for stakeholders and maintaining a competitive edge in the financial services sector.

Western Union reports strong Q3 results, eyes growth opportunities

Western Union's Q3 2023 earnings call highlighted positive revenue growth, successful execution of their strategy, and a focus on customer acquisition and operational excellence. While facing challenges in the outlook for Q4, the company is well-positioned to capitalize on opportunities for growth through enhanced marketing, retail retention, and technology investments.

Western Union reports strong Q4 results, eyes growth through diversification

Western Union's Q4 performance reflects growth in revenue, EPS, and operational cash flow, driven by improvements in retail and digital operations. While facing challenges from geopolitical events and declining revenue per transaction, the company's strategic focus on diversification and cost efficiencies positions it well for future growth. Opportunities lie in expanding product offerings, enhancing customer retention, and optimizing strategies for sustained profitability.

Western Union reports strong Q1 earnings, eyes digital growth

Western Union's Q1 2024 performance reflects progress towards its EVOLVE 2025 goals, with revenue growth, improved transaction trends, and enhanced operational efficiencies. Despite facing challenges like macroeconomic conditions and operational hurdles in certain regions, the company remains optimistic about its strategic direction and ability to achieve its targets. Opportunities in digital business growth, loyalty programs, and consumer services present avenues for sustained expansion and profitability.

Western Union reports positive Q2 earnings, eyes digital growth

Western Union's Q2 2024 performance showcased positive revenue growth, driven by consumer money transfer transactions and Consumer Services segment growth.
The company's strengths lie in its focus on digital business growth, customer experience enhancements, and sustained transaction growth.
Challenges include maintaining growth momentum amidst market dynamics and competitive pressures in the digital money transfer space.
Opportunities for Western Union include capitalizing on market share gains, revenue diversification through new products, and strategic expansion through M&A opportunities.

Western Union reports Q3 growth, expands digital presence through acquisitions

Western Union's Q3 2024 performance demonstrated positive growth in adjusted revenue and consumer money transfer transactions. The company's strategic focus on digital expansion and acquisitions in Singapore and Mexico positions it well for future growth. Despite challenges in Latin America and competition in the digital space, Western Union's financial resilience and growth strategies offer promising opportunities.

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The Western Union Co. is a holding company, which engages in the provision of money transfer and payment services. It operates through the following segments: Consumer Money Transfer, Business Solutions, and Consumer Services. The Consumer Money Transfer segment facilitates money transfers, which are primarily sent from retail agent locations worldwide or through websites and mobile devices. The Business Solutions segment focuses on the payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. The Consumer Services segment includes the company’s bill payment services which facilitate payments for consumers, businesses, and other organizations, as well as the company’s money order services, retail foreign exchange services, prepaid cards, lending partnerships, and digital wallets. The company was founded in 1851 and is headquartered in Denver, CO.

The Cencosud partnership is expected to enable customers in Chile to utilize Western Union's (WU) network and send money to more than 200 countries.

Western Union (WU), Cencosud in Chile Team Up for Remittances

SANTIAGO, Chile--(BUSINESS WIRE)--Cencosud, one of the leading retailers in the Americas, and Western Union, a global leader in international money transfer services, announced a partnership for sending remittances abroad. This new service is being implemented in Jumbo and Santa Isabel supermarkets in Chile and will enable customers to send money quickly and securely to more than 200 countries around the world. "This agreement reinforces and strengthens Western Union's presence as a leader in r.

Western Union and Cencosud Announce Partnership to Send Remittances Abroad Through Jumbo and Santa Isabel Supermarkets

CASABLANCA, Morocco--(BUSINESS WIRE)--Consumers can now use Western Union services to send donations to the Government of Morocco's special fund in support of victims and relief efforts.

Western Union Enables International Money Transfers for Morocco Earthquake Victims and Relief Donations

The Western Union Company (WU) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, WU's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

Should You Buy Western Union (WU) After Golden Cross?

DENVER--(BUSINESS WIRE)-- #crossborderpayments--Suzy Deering Appointed to Western Union's Board of Directors.

Suzy Deering Appointed to Western Union Board of Directors

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TRIPOLI, Libya--(BUSINESS WIRE)--Western Union Supports Relief Efforts in Libya.

Western Union Supports Relief Efforts in Libya

Western Union (WU) collaborates with Elektra to enable Banco Azteca account users in Mexico to seamlessly collect money sent from the United States through mobile phones.

Western Union (WU) to Ease Mexico's Electronic Money Transfers

DENVER--(BUSINESS WIRE)-- #crossborderpayments--The Western Union Foundation today announced Prosperity Beyond Borders, its new social impact commitment to drive $500 million in aggregate wage gains for people who currently lack access to economic mobility. Prosperity Beyond Borders is a multi-year commitment supporting individuals who have migrated from underserved communities and connecting them with the skills and access necessary to attain better jobs and increased earnings. “The Foundation's goal of driving $500.

Western Union Foundation Announces Commitment to Drive $500 Million in Wage Gains

CASABLANCA, Morocco--(BUSINESS WIRE)--Western Union Supports Earthquake Relief Efforts in Morocco.

Western Union Supports Earthquake Relief Efforts in Morocco

Western Union and Elektra say users in Mexico can now receive money via chatbot.  The offering, the latest in a series of efforts by Western Union to expand its business in Mexico, lets users with an active account at Banco Azteca collect the money sent to them from the U.S., the companies said in a news release Tuesday (Sept.

Western Union Lets Mexican Consumers Receive Funds Via Chatbot

MEXICO CITY--(BUSINESS WIRE)--Western Union and Elektra are expanding their money transfer service options for their users to receive money in Mexico by sending a message via Chatbot. Following a few steps, users with an active account at Banco Azteca are now able to collect the money sent to them from the US using this new capability. “At Elektra, we constantly seek to improve our services and channels, offering innovative and technologically efficient solutions to our users, who are always ou.

Western Union and Elektra Join Forces to Receive Money in Mexico via Chatbot

Western Union (WU) is well-poised for growth on the back of a credible digital arm built through collaborations and technology investments, coupled with a declining expense level.

Western Union (WU) Gains 21% in 6 Months: More Room to Run?

Western Union (WU) unveils its first concept store in Jordan for enabling a wider access to its credible money transfer services and boost its Middle East retail presence.

Western Union (WU) Unveils First Ever Concept Store in Jordan

AMMAN, Jordan--(BUSINESS WIRE)--Western Union today launched its inaugural “concept store” in Jordan. The opening is in collaboration with Al Sadat & Al Hindi Exchange. The innovative “concept store” is the first of its kind introduced by a money transfer operator in the country. It offers a high-quality, Western Union-branded experience to customers in a high-traffic location, through personalized, reliable and convenient services as they send and receive money. Located in Industrial City.

Western Union Opens First Concept Store in Jordan

DENVER--(BUSINESS WIRE)-- #crossborderpayments--Western Union Highlights Continuing ESG Progress in 2022 Report.

Western Union Highlights Continuing ESG Progress in 2022 Report

DENVER--(BUSINESS WIRE)-- #crossborderpayments--Western Union to Present at the Goldman Sachs Communacopia and Technology Conference on September 5.

Western Union to Present at the Goldman Sachs Communacopia and Technology Conference on September 5th

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Western Union gets a buy rating today, in line with the consensus from Seeking Alpha analysts. Positives: an 8% dividend yield higher than sector average, P/E ratio lower than average, strong capital/liquidity situation, share price below 200 day SMA. Headwinds: lack of positive YoY net income & EPS growth.

Western Union: Buy A Payments Industry Leader With 8% Dividend Yield

Western Union (WU) raises its guidance for 2023, thanks to better performance witnessed in Iraq.

Western Union (WU) Q2 Earnings Beat on High C2C Transactions

Although the revenue and EPS for Western Union (WU) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Western Union (WU) Q2 Earnings: A Look at Key Metrics

The Western Union Company (NYSE:WU ) Q2 2023 Results Conference Call July 26, 2023 4:30 PM ET Company Participants Tom Hadley - Head, IR Devin McGranahan - CEO Matt Cagwin - CFO Conference Call Participants Will Nance - Goldman Sachs Andrew Schmidt - Citi Bryan Keane - Deutsche Bank Darrin Peller - Wolfe Research David Togut - Evercore Jason Kupferberg - Bank of America Ken Suchoski - Autonomous Rayna Kumar - UBS Tien-Tsin Huang - JPMorgan Tim Chiodo - Credit Suisse Vasu Govil - KBW Operator Good day, and welcome to the Western Union Second Quarter 2023 Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

The Western Union Company (WU) Q2 2023 Earnings Call Transcript

Western Union (WU) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.51 per share a year ago.

Western Union (WU) Q2 Earnings and Revenues Top Estimates

Western Union Co raised its annual profit forecast on Wednesday after an upbeat second quarter in which transactions jumped on strong growth consumer-to-consumer (C2C) service, sending its shares up about 4% after the bell.

Western Union raises annual profit view on strong growth in C2C service

DENVER--(BUSINESS WIRE)-- #crossborderpayments--Western Union Reports Second Quarter 2023 Results.

News for Western Union Stock (WU)