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Mar 31, 2024
Western Union Q1 2024 Earnings Report
Western Union's first quarter results were reported, showing revenue increase and digital growth.
Key Takeaways
Western Union reported a positive start to the year with a 1% increase in GAAP revenue to $1.05 billion and a 3% increase on an adjusted basis. Consumer Money Transfer transactions grew by 6%, driven by a 13% growth in Branded Digital transactions. The company raised its full-year guidance for revenue and EPS.
GAAP revenue increased by 1% to $1.05 billion, or 3% on an adjusted basis.
GAAP EPS increased by 3% to $0.41, while adjusted EPS increased by 5% to $0.45.
Consumer Money Transfer transactions grew by 6%, with Branded Digital transactions growing by 13%.
Branded Digital revenue increased by 9% on both reported and adjusted basis.
Western Union
Western Union
Western Union Revenue by Segment
Western Union Revenue by Geographic Location
Revenue by Segment
Consumer Money Transfer Revenue
CapyFin.comConsumer Services Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope & CIS Revenue
CapyFin.comMEASA Revenue
CapyFin.comLatin America Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
The Company updated full year 2024 revenue and EPS outlook based on the performance in the first quarter. The outlook assumes no material changes in macroeconomic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income