Western Union (WU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
The latest trading day saw Western Union (WU) settling at $8.35, representing a -2.79% change from its previous close.
Western Union (WU) reached $8.62 at the closing of the latest trading day, reflecting a -1.26% change compared to its last close.
Western Union's revenue continued to decline by 6.1% YoY in 1Q25. Operating income and net income margin fell by 30bps and 106bps to 18.04% and 12.56%, respectively. Although WU failed to meet initial targets, it has made tremendous progress in the digital remittance space. Moreover, it has acquired multiple companies to capture market share. Despite poor operations, WU is still a cashflow generator that has the capability to return value to shareholders via repurchases and dividends.
Western Union (WU) reached $8.37 at the closing of the latest trading day, reflecting a -1.06% change compared to its last close.
Western Union (WU) closed the most recent trading day at $8.56, moving +1.3% from the previous trading session.
Western Union (WU) closed the most recent trading day at $9.13, moving 1.3% from the previous trading session.
Western Union (WU) reachead $9.31 at the closing of the latest trading day, reflecting a -1.06% change compared to its last close.
WU's 10% dividend and global growth shine, but high debt and rising digital competition temper the outlook.
Western Union (WU) reported earnings 30 days ago. What's next for the stock?
WU continues to witness significant growth in Consumer Services. However, a fall in Consumer Money Transfer revenues impacts revenue growth.
A reduction in migration across Latin America led to slower growth in the remittances business at Western Union in the first quarter.