S&P 500   4,455.48 (+0.15%)
DOW   34,798.00 (+0.10%)
QQQ   373.33 (+0.09%)
AAPL   146.92 (+0.06%)
MSFT   299.35 (-0.07%)
FB   352.96 (+2.02%)
GOOGL   2,844.30 (+0.71%)
TSLA   774.39 (+2.75%)
AMZN   3,425.52 (+0.28%)
NVDA   220.81 (-1.78%)
BABA   145.08 (-4.04%)
NIO   35.38 (-1.75%)
CGC   13.91 (-4.46%)
GE   103.80 (+0.82%)
MU   74.05 (+0.01%)
AMD   105.80 (-0.33%)
T   27.13 (-0.22%)
F   13.78 (+0.51%)
ACB   5.95 (-3.25%)
DIS   176.00 (-0.14%)
PFE   43.94 (-0.57%)
BA   221.39 (+0.13%)
BAC   42.14 (+1.08%)
S&P 500   4,455.48 (+0.15%)
DOW   34,798.00 (+0.10%)
QQQ   373.33 (+0.09%)
AAPL   146.92 (+0.06%)
MSFT   299.35 (-0.07%)
FB   352.96 (+2.02%)
GOOGL   2,844.30 (+0.71%)
TSLA   774.39 (+2.75%)
AMZN   3,425.52 (+0.28%)
NVDA   220.81 (-1.78%)
BABA   145.08 (-4.04%)
NIO   35.38 (-1.75%)
CGC   13.91 (-4.46%)
GE   103.80 (+0.82%)
MU   74.05 (+0.01%)
AMD   105.80 (-0.33%)
T   27.13 (-0.22%)
F   13.78 (+0.51%)
ACB   5.95 (-3.25%)
DIS   176.00 (-0.14%)
PFE   43.94 (-0.57%)
BA   221.39 (+0.13%)
BAC   42.14 (+1.08%)
S&P 500   4,455.48 (+0.15%)
DOW   34,798.00 (+0.10%)
QQQ   373.33 (+0.09%)
AAPL   146.92 (+0.06%)
MSFT   299.35 (-0.07%)
FB   352.96 (+2.02%)
GOOGL   2,844.30 (+0.71%)
TSLA   774.39 (+2.75%)
AMZN   3,425.52 (+0.28%)
NVDA   220.81 (-1.78%)
BABA   145.08 (-4.04%)
NIO   35.38 (-1.75%)
CGC   13.91 (-4.46%)
GE   103.80 (+0.82%)
MU   74.05 (+0.01%)
AMD   105.80 (-0.33%)
T   27.13 (-0.22%)
F   13.78 (+0.51%)
ACB   5.95 (-3.25%)
DIS   176.00 (-0.14%)
PFE   43.94 (-0.57%)
BA   221.39 (+0.13%)
BAC   42.14 (+1.08%)
S&P 500   4,455.48 (+0.15%)
DOW   34,798.00 (+0.10%)
QQQ   373.33 (+0.09%)
AAPL   146.92 (+0.06%)
MSFT   299.35 (-0.07%)
FB   352.96 (+2.02%)
GOOGL   2,844.30 (+0.71%)
TSLA   774.39 (+2.75%)
AMZN   3,425.52 (+0.28%)
NVDA   220.81 (-1.78%)
BABA   145.08 (-4.04%)
NIO   35.38 (-1.75%)
CGC   13.91 (-4.46%)
GE   103.80 (+0.82%)
MU   74.05 (+0.01%)
AMD   105.80 (-0.33%)
T   27.13 (-0.22%)
F   13.78 (+0.51%)
ACB   5.95 (-3.25%)
DIS   176.00 (-0.14%)
PFE   43.94 (-0.57%)
BA   221.39 (+0.13%)
BAC   42.14 (+1.08%)

Zacks: Analysts Anticipate The Western Union Company (NYSE:WU) Will Post Quarterly Sales of $1.31 Billion

Last updated on Wednesday, September 15, 2021 | 2021 MarketBeat

Analysts expect The Western Union Company (NYSE:WU) to post $1.31 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for The Western Union's earnings. The lowest sales estimate is $1.29 billion and the highest is $1.35 billion. The Western Union posted sales of $1.26 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 4%. The firm is expected to report its next quarterly earnings results on Thursday, November 4th.

On average, analysts expect that The Western Union will report full-year sales of $5.15 billion for the current financial year, with estimates ranging from $5.10 billion to $5.20 billion. For the next financial year, analysts anticipate that the firm will report sales of $5.32 billion, with estimates ranging from $5.15 billion to $5.46 billion. Zacks Investment Research's sales averages are a mean average based on a survey of research firms that that provide coverage for The Western Union.

The Western Union (NYSE:WU) last posted its earnings results on Tuesday, August 3rd. The credit services provider reported $0.48 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.01. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.25 billion. The Western Union had a return on equity of 424.46% and a net margin of 16.10%. The Western Union's revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the company earned $0.41 EPS.

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its position in shares of The Western Union by 13.3% during the first quarter. Geode Capital Management LLC now owns 7,863,499 shares of the credit services provider's stock worth $193,551,000 after acquiring an additional 920,673 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of The Western Union during the first quarter worth $7,789,000. Asset Management One Co. Ltd. raised its position in shares of The Western Union by 4.8% during the second quarter. Asset Management One Co. Ltd. now owns 225,188 shares of the credit services provider's stock worth $5,172,000 after acquiring an additional 10,368 shares during the last quarter. Van ECK Associates Corp raised its position in shares of The Western Union by 11.1% during the first quarter. Van ECK Associates Corp now owns 2,750,943 shares of the credit services provider's stock worth $67,838,000 after acquiring an additional 274,202 shares during the last quarter. Finally, Pinebridge Investments L.P. raised its position in shares of The Western Union by 1,938.7% during the first quarter. Pinebridge Investments L.P. now owns 264,751 shares of the credit services provider's stock worth $6,529,000 after acquiring an additional 251,765 shares during the last quarter. Hedge funds and other institutional investors own 98.43% of the company's stock.

Shares of WU opened at $21.07 on Wednesday. The stock has a fifty day moving average price of $22.43 and a two-hundred day moving average price of $23.93. The company has a debt-to-equity ratio of 10.47, a quick ratio of 0.94 and a current ratio of 0.94. The Western Union has a 52-week low of $19.07 and a 52-week high of $26.61. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 10.75 and a beta of 0.99.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 30th. Shareholders of record on Thursday, September 16th will be given a $0.235 dividend. The ex-dividend date of this dividend is Wednesday, September 15th. This represents a $0.94 annualized dividend and a yield of 4.46%. The Western Union's payout ratio is 50.27%.

About The 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, cross-currency transactions, for small and medium size enterprises and other organizations and individuals.

Featured Article: What is a dead cat bounce?

Get a free copy of the Zacks research report on The Western Union (WU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $1,000 in The Western Union right now?

Before you consider The Western Union, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Western Union wasn't on the list.

While The Western Union currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The 5 Stocks Here

 


Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.