Zacks: Analysts Anticipate Western Union Company (The) (WU) to Announce $0.44 EPS

Wall Street brokerages expect that Western Union Company (The) (NYSE:WU) will report earnings per share of $0.44 for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Western Union Company (The)’s earnings. The highest EPS estimate is $0.47 and the lowest is $0.42. Western Union Company (The) also reported earnings of $0.44 per share in the same quarter last year. The firm is scheduled to announce its next earnings report after the market closes on Thursday, November 2nd.

According to Zacks, analysts expect that Western Union Company (The) will report full-year earnings of $1.76 per share for the current fiscal year, with EPS estimates ranging from $1.74 to $1.79. For the next year, analysts anticipate that the firm will post earnings of $1.80 per share, with EPS estimates ranging from $1.67 to $1.90. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover Western Union Company (The).

Western Union Company (The) (NYSE:WU) last released its quarterly earnings results on Thursday, August 3rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.08. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Western Union Company (The) had a return on equity of 92.41% and a net margin of 3.50%. The firm’s revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.44 EPS.

A number of analysts recently issued reports on the company. Jefferies Group LLC reaffirmed a “hold” rating and issued a $19.00 target price on shares of Western Union Company (The) in a research report on Thursday. Barclays PLC lifted their target price on Western Union Company (The) from $21.00 to $22.00 and gave the company an “underweight” rating in a research report on Friday, August 4th. Zacks Investment Research downgraded Western Union Company (The) from a “buy” rating to a “hold” rating in a research report on Thursday, October 5th. ValuEngine raised Western Union Company (The) from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $20.00 target price (up previously from $19.00) on shares of Western Union Company (The) in a research report on Wednesday, August 9th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. Western Union Company (The) currently has an average rating of “Hold” and an average target price of $20.38.

Western Union Company (NYSE:WU) traded down 0.05% during mid-day trading on Monday, hitting $19.73. The stock had a trading volume of 873,819 shares. The stock’s 50-day moving average is $19.07 and its 200 day moving average is $19.26. The company has a market capitalization of $9.15 billion, a P/E ratio of 50.72 and a beta of 1.20. Western Union Company has a 52 week low of $18.39 and a 52 week high of $22.70.

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In other Western Union Company (The) news, EVP John David Thompson sold 23,500 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $20.12, for a total transaction of $472,820.00. Following the transaction, the executive vice president now owns 129,650 shares of the company’s stock, valued at $2,608,558. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.10% of the stock is owned by insiders.

Several large investors have recently modified their holdings of WU. Fiduciary Trust Co. bought a new stake in shares of Western Union Company (The) during the second quarter worth approximately $121,000. Capstone Investment Advisors Netherlands B.V. bought a new stake in shares of Western Union Company (The) during the second quarter worth approximately $129,000. Financial Architects Inc boosted its holdings in shares of Western Union Company (The) by 2.1% during the second quarter. Financial Architects Inc now owns 6,951 shares of the credit services provider’s stock worth $132,000 after acquiring an additional 144 shares during the period. IFP Advisors Inc boosted its holdings in shares of Western Union Company (The) by 3.1% during the second quarter. IFP Advisors Inc now owns 7,836 shares of the credit services provider’s stock worth $149,000 after acquiring an additional 239 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in shares of Western Union Company (The) by 3.1% during the first quarter. Pacer Advisors Inc. now owns 7,482 shares of the credit services provider’s stock worth $152,000 after acquiring an additional 224 shares during the period.

Western Union Company (The) Company Profile

The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through three segments: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Company’s Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents.

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Earnings History and Estimates for Western Union Company (The) (NYSE:WU)

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