Wall Street analysts expect that The Western Union Company (NYSE:WU) will report $0.42 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for The Western Union’s earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.44. The Western Union posted earnings per share of $0.45 in the same quarter last year, which indicates a negative year over year growth rate of 6.7%. The company is expected to issue its next quarterly earnings results on Tuesday, May 7th.
On average, analysts expect that The Western Union will report full-year earnings of $1.87 per share for the current year, with EPS estimates ranging from $1.83 to $1.90. For the next fiscal year, analysts anticipate that the company will post earnings of $2.00 per share, with EPS estimates ranging from $1.89 to $2.07. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that cover The Western Union.
The Western Union (NYSE:WU) last posted its quarterly earnings results on Thursday, February 7th. The credit services provider reported $0.49 EPS for the quarter, meeting the consensus estimate of $0.49. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.44 billion. The Western Union had a negative return on equity of 225.33% and a net margin of 15.24%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.47 EPS.
In other news, CFO Rajesh K. Agrawal sold 21,950 shares of the firm’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $18.35, for a total value of $402,782.50. Following the transaction, the chief financial officer now directly owns 266,009 shares in the company, valued at approximately $4,881,265.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by company insiders.
Large investors have recently bought and sold shares of the company. Ffcm LLC raised its stake in shares of The Western Union by 50.0% in the 4th quarter. Ffcm LLC now owns 1,695 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 565 shares during the period. Valeo Financial Advisors LLC raised its stake in shares of The Western Union by 76.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,853 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 800 shares during the period. Legacy Financial Advisors Inc. raised its stake in shares of The Western Union by 252.1% in the 4th quarter. Legacy Financial Advisors Inc. now owns 2,218 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 1,588 shares during the period. Oregon Public Employees Retirement Fund raised its stake in shares of The Western Union by 1,585.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 851,158 shares of the credit services provider’s stock valued at $50,000 after purchasing an additional 800,665 shares during the period. Finally, Rational Advisors LLC raised its stake in shares of The Western Union by 347.4% in the 4th quarter. Rational Advisors LLC now owns 3,011 shares of the credit services provider’s stock valued at $51,000 after purchasing an additional 2,338 shares during the period. Institutional investors and hedge funds own 99.64% of the company’s stock.
Shares of WU opened at $18.07 on Friday. The Western Union has a 1 year low of $16.42 and a 1 year high of $21.37. The company has a market capitalization of $8.00 billion, a PE ratio of 9.41, a P/E/G ratio of 2.70 and a beta of 0.90.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a $0.20 dividend. This is a positive change from The Western Union’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Thursday, March 14th. The Western Union’s dividend payout ratio (DPR) is currently 41.67%.
The 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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