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Western Union Co (WU) reported a profit for its third quarter that climbed from last year.


RTTNews | Oct 29, 2020 04:15PM EDT

16:15 Thursday, October 29, 2020 (RTTNews.com) - Western Union Co (WU) reported a profit for its third quarter that climbed from last year.

The company's bottom line came in at $228.6 million, or $0.55 per share. This compares with $135.0 million, or $0.32 per share, in last year's third quarter.

Excluding items, Western Union Co reported adjusted earnings of $237.1 million or $0.57 per share for the period.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.8% to $1.26 billion from $1.31 billion last year.

Western Union Co earnings at a glance:

-Earnings (Q3): $237.1 Mln. vs. $210.2 Mln. last year.-EPS (Q3): $0.57 vs. $0.49 last year.-Analysts Estimate: $0.46-Revenue (Q3): $1.26 Bln vs. $1.31 Bln last year.

-Guidance:Full year EPS guidance: $1.80 -$1.85

Read the original article on RTTNews ( https://www.rttnews.com/3140998/western-union-co-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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