Western Union Stock News

Western Union (WU) delivered earnings and revenue surprises of 20.76% and 1%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Western Union press release (WU): Q4 Non-GAAP EPS of $0.64 beats by $0.12.Revenue of $1.28B (+0.8% Y/Y) misses by $10M.Shares +0.4%.The company approved a new $1B share…

DENVER--(BUSINESS WIRE)-- #earnings--Western Union today reported fourth quarter and full year financial results and provided its 2022 full year financial outlook.

The Western Union Company (WU) CEO Devin McGranahan on Q4 2021 Results - Earnings Call Transcript

Western Union (WU) delivered earnings and revenue surprises of 20.76% and 1%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Western Union (NYSE:WU) is scheduled to announce Q4 earnings results on Thursday, Feb. 10, after market close.The consensus EPS estimate is $0.52 (+15.6% Y/Y)

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Western Union's (WU) Q4 results are likely to show earnings and revenue growth.

MOSCOW (Reuters) – Western Union Co will stop internal money transfers within Russia from April 1, the world’s largest money transfer firm said on Monday, focusing instead on cross-border business at times of increased competition on the Russian market.

Western Union's (WU) Q4 results are likely to show earnings and revenue growth.

Transborder transfers will be performed by the service as usual

International transactions will continue, but the domestic service will be halted due to high competition US financial services multinational Western Union will stop money transfers within Russia from April 1. The company announced its decision in a letter sent to partner banks, according to newspaper RBC. Western Union said it cannot compete with Russia’s domestic Faster Payment System (FPS) and card transfers from the largest Russian banks, adding that cross-border transactions will still be performed. “The company is focusing on the development of the traditionally demanded service of international money transfers, and continues to develop a multi-channel platform that allows Western Union partners (banks) to launch transfers abroad for their clients quickly and in compliance with all regulatory requirements,” a company representative told RBC. He refused to disclose data on the volume of internal transfers within the country. According to the letter, users won’t be able to transfer money within Russia via Western Union from March 31.