Western Union Reports First Quarter Results
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Western Union (WU) Misses Q1 EPS by 1c; Offers FY21 EPS Outlook
May 4, 2021 4:11 PM UTCWestern Union (NYSE: WU) reported Q1 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.2 billion.
President and CEO Hikmet Ersek said, 2021 is an important year for Western Union and we got off to a healthy start led by the continued strong growth of our market-leading digital business that generated over $240 million of revenue in the first quarter, putting us on track to exceed $1 billion of digital revenue this year. While additional waves of COVID-19 continue to affect countries around the... More
