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The Western Union Company reports results for the quarter ended September 30 - Earnings Summary
Western Union reported adjusted earnings of 42 cents per share for the quarter ended September 30, down from 47 cents a year earlier but above the 34-cent analyst average. Revenue fell 2.3% to $1.01 billion, below the $1.02 billion expected; reported earnings per share were 25 cents, and net income was $78 million.
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What happened
Western Union reported adjusted earnings of 42 cents per share for the quarter ended September 30, down from 47 cents a year earlier but above the 34-cent analyst average. Revenue fell 2.3% to $1.01 billion, below the $1.02 billion expected; reported earnings per share were 25 cents, and net income was $78 million.
Confirmed
Global impact / market context
Earnings exceeded analysts’ average forecast, but revenue declined and reported earnings per share were lower than adjusted earnings. That combination matters because weaker revenue can limit the cash generated to cover costs, while the gap between adjusted and reported results makes the underlying quarter less straightforward to assess.
Analyst inference
Analysts’ average earnings estimate had fallen about 4% over three months, and six analysts cut estimates in the latest 30 days. The average rating was hold, with 11 holds and seven sell or strong-sell recommendations, while the peer-group average was buy.
Confirmed
What to watch
- Future revenue reports will show whether the 2.3% decline continues; persistent weakness could reduce income available for operating costs and investment in the business. Analyst inference
- Compare adjusted earnings with reported earnings per share in coming results; a continued gap would help clarify how much reported profit differs from the adjusted measure. Analyst inference
- Analyst estimates and recommendations may change after this quarter: the current average rating is hold, with 11 holds and seven sell or strong-sell recommendations. Confirmed
Evidence
- Original source link unavailable