Western Union shares gained 1.44% to close at $7.03, outpacing a 0.48% decline in the S&P 500, though the money transfer company has fallen 6.98% over the past month. Ahead of its upcoming earnings disclosure, the company is expected to report earnings per share of $0.35, down 25.53% from the prior-year quarter, on quarterly revenue of $1.05 billion, up 1.6% year over year. Full-year Zacks Consensus Estimates call for earnings of $1.29 per share and revenue of $4.13 billion, representing year-over-year changes of -26.29% and +2.04%, respectively. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% downward, and Western Union currently carries a Zacks Rank of #5 (Strong Sell). The stock trades at a Forward P/E ratio of 5.37, a discount to the average Forward P/E of 13.14 for its Financial Transaction Services industry, which holds a Zacks Industry Rank of 178, placing it in the bottom 28% of all 250+ industries.
Western Union CoEarnings preview points to EPS of $0.35, down 25.53% YoY, with full-year estimates down 26.29% and a Zacks Rank #5 (Strong Sell).
