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Western Union (GB:0LVJ)
LSE:0LVJ
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.43Last Year’s EPS
$0.37Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2024
|% Change Since: -6.24%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Neutral
Western Union's earnings call showcased positive developments in its branded digital and Consumer Services segments, while facing challenges in Latin America and volatility in Iraq revenue. Strategic acquisitions indicate a forward-looking approach to growth.Company Guidance
During the Western Union Q3 2024 earnings call, the company provided guidance on various performance metrics. The call highlighted an adjusted revenue growth rate of 1%, excluding Iraq, marking the second consecutive quarter of positive growth, with total revenue reaching $1.040 billion. Adjusted earnings per share (EPS) increased to $0.46, up by $0.03 year-over-year. The branded digital business showed strong momentum with a 9% revenue growth and a 15% increase in transactions. Consumer Services also performed robustly, reporting a 15% growth in adjusted revenue. Geographically, while Latin America faced challenges due to political events affecting migration, regions like Europe, the Middle East, and APAC saw improvement with revenue growth rates increasing by 500 to 1,000 basis points compared to the previous quarter. Despite a slowdown in some areas, the company remains optimistic about its Evolve 2025 strategy, aiming for sustainable, profitable growth.Improving Adjusted Revenue Growth
Western Union reported a second consecutive quarter of positive adjusted revenue growth with a 1% increase, excluding Iraq, driven by branded digital business and Consumer Services.
Branded Digital Business Acceleration
Branded digital business transactions grew by 15% with a 9% increase in adjusted revenue, marking the highest transaction growth rate since Q2 2021.
Consumer Services Growth
Consumer Services segment achieved 15% adjusted revenue growth, driven by expansion in retail foreign exchange and media network business.
Strong Customer Growth in Singapore
Western Union's store network in Singapore reported a 12% growth in business with significant improvements in contribution margins.
Strategic Acquisitions
Western Union announced the acquisition of a digital wallet business in Singapore and a newly launched digital wallet in Mexico, aiming to expand its ecosystem strategy.
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GB:0LVJ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0LVJ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 23, 2024 | $11.26 | $10.81 | -4.02% |
| Jul 30, 2024 | $12.42 | $11.56 | -6.94% |
| Apr 24, 2024 | $12.70 | $12.57 | -1.03% |
| Feb 06, 2024 | $11.63 | $10.97 | -5.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Western Union (GB:0LVJ) report earnings?
Western Union (GB:0LVJ) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Western Union (GB:0LVJ) earnings time?
Western Union (GB:0LVJ) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Western Union stock?
The P/E ratio of Western Union is 5.4.
What is GB:0LVJ EPS forecast?
GB:0LVJ EPS forecast for the fiscal quarter 2024 (Q4) is $0.43.
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