Western Union Posts Q4 Earnings, Misses Expectations
Western Union Co. (WU) reported fourth-quarter net income of $385.7 million, or $1.13 per share. Adjusted earnings were 40 cents per share, falling short of Wall Street's estimate of 42 cents.
Revenue of $1.06 billion exceeded analysts' consensus of $1.03 billion. For the full year, Western Union reported earnings of $934.2 million ($2.74 per share) on revenue of $4.21 billion.
Western Union forecasts full-year earnings in the range of $1.75 to $1.85 per share, with revenue between $4.09 billion and $4.19 billion.