Western Union (WU) Reports In-Line Q2 EPS, Revenues Miss; Offers FY18 EPS Outlook
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Western Union Reports Second Quarter Results
August 2, 2018 4:06 PM EDT
Strong digital growth
Operating margin 20%
Over
$420 million returned to shareholders year-to-date
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today reported second quarter financial results and an updated outlook for 2018.
In the second quarter, the Company generated revenue of $1.4 billion, which increased 2% compared to the prior year, or 3% on a constant currency basis. Growth was led by the consumer money transfer business, which increased 4%, or 3% constant currency, driven by strong performance from... More
