Western Union (NYSE:WU) is set to issue its quarterly earnings data after the market closes on Tuesday, May 1st. Analysts expect the company to announce earnings of $0.42 per share for the quarter. Western Union has set its FY18 guidance at $1.78-$1.90 EPS.
Western Union (NYSE:WU) last announced its quarterly earnings results on Tuesday, February 13th. The credit services provider reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.04). Western Union had a negative net margin of 10.09% and a positive return on equity of 206.81%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. On average, analysts expect Western Union to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of WU opened at $19.14 on Tuesday. Western Union has a 52 week low of $18.38 and a 52 week high of $22.21. The firm has a market capitalization of $8,763.42, a PE ratio of 10.63, a PEG ratio of 2.31 and a beta of 1.02. The company has a debt-to-equity ratio of -6.17, a current ratio of 0.82 and a quick ratio of 0.82.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 16th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 3.97%. This is an increase from Western Union’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Thursday, March 15th. Western Union’s dividend payout ratio is presently 42.22%.
A number of analysts recently weighed in on the company. ValuEngine downgraded Western Union from a “buy” rating to a “hold” rating in a report on Tuesday, April 3rd. UBS upgraded Western Union to a “neutral” rating in a report on Monday, January 8th. William Blair restated a “market perform” rating on shares of Western Union in a report on Wednesday, February 14th. TheStreet downgraded Western Union from a “b-” rating to a “c-” rating in a report on Tuesday, February 13th. Finally, Zacks Investment Research upgraded Western Union from a “strong sell” rating to a “hold” rating in a report on Thursday, February 15th. Five analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. The company currently has an average rating of “Hold” and an average target price of $19.06.
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Western Union Company Profile
The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. This segment offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through Websites and mobile devices.
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