WU announces a repurchase program and a quarterly cash dividend of 23.5 cents per share, sustaining its solid track record of capital deployment endeavors.
WU's new stores come at an opportune time as it coincides with the holiday season when remittance transactions traditionally increase.
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Western Union (WU) reported earnings 30 days ago. What's next for the stock?
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Western Union has launched a media network business that lets companies advertise to its customers via company-owned channels like its website, mobile app and digital-out-of-home (DOOH) screen network as well as through audience extension.
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Investors were clearly unimpressed by the company's third-quarter performance.
WU's Q3 results benefit from its strong Branded Digital business and a lower expense level, partly offset by reduced Iraq contributions.
Western Union plans to acquire Dash, a mobile wallet in Singapore that has more than 1.4 million users. The company and Dash owner Singtel signed a conditional agreement on the sale of the mobile wallet, the companies said in a Wednesday (Oct. 23) press release.
Western Union's Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of double-digit transaction growth for the Branded Digital business, the company said in a presentation released Wednesday (Oct. 23) in conjunction with its quarterly earnings call.
The Western Union Company (NYSE:WU ) Q3 2024 Results Conference Call October 23, 2024 4:30 PM ET Company Participants Tom Hadley - Vice President of Investor Relations Devin McGranahan - Chief Executive Officer Matt Cagwin - Chief Financial Officer Conference Call Participants Jason Kupferberg - Bank of America Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Andrew Schmidt - Citi Ken Suchoski - Autonomous Rufus Hone - BMO Tim Chiodo - UBS Ramsey El-Assal - Barclays Bryan Keane - Deutsche Bank Operator Good day, and welcome to the Western Union Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode.