The Western Union Company (NYSE:WU ) Q2 2024 Results Conference Call July 30, 2024 4:30 PM ET Company Participants Tom Hadley - Head of IR Devin McGranahan - CEO Matt Cagwin - CFO Conference Call Participants Will Nance - Goldman Sachs Darrin Peller - Wolfe Research Tien-Tsin Huang - JPMorgan Vasu Govil - KBW Andrew Schmidt - Citi Tim Chiodo - Credit Suisse Jason Kupferberg - Bank of America Ken Suchoski - Autonomous Ramsey EI-Assal - Barclays Rufus Hone - BMO Bryan Keane - Deutsche Bank Operator Good day, and welcome to The Western Union Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite headwinds from sanctions on Iraqi banks.
Western Union (WU) came out with quarterly earnings of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.51 per share a year ago.
Get a deeper insight into the potential performance of Western Union (WU) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Western Union's (WU) second-quarter results are likely to reflect a decline in CMT transactions.
In the latest trading session, Western Union (WU) closed at $12.61, marking a +1.2% move from the previous day.
In the latest trading session, Western Union (WU) closed at $12.60, marking a +1.2% move from the previous day.
Western Union's (WU) Consumer Services business will play a significant role in revenue generation.
In the closing of the recent trading day, Western Union (WU) stood at $12.39, denoting a +0.32% change from the preceding trading day.
Western Union (WU) takes the help of Cash Plus to open its first concept store in Morocco, thus enhancing access to personalized money transfer services and targeting Africa's lucrative remittance market.
In the latest trading session, Western Union (WU) closed at $12.26, marking a -1.13% move from the previous day.
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