Western Union Q3 2021 Earnings Report
Key Takeaways
Western Union reported a 2% increase in revenue to $1.3 billion, driven by digital money transfer and Business Solutions, offset by retail money transfer decline. GAAP EPS was $0.57 and adjusted EPS was $0.63.
Total Company GAAP revenues grew to $1.3 billion.
GAAP earnings per share (EPS) of $0.57, adjusted EPS of $0.63.
Digital money transfer revenues continued double-digit growth achieving quarterly highs for transactions and principal.
The company advanced its ecosystem strategy with the launch of WU Shop and an upcoming pilot of digital banking services in select countries.
Western Union
Western Union
Western Union Revenue by Segment
Forward Guidance
The Company updated its financial outlook for 2021, which was previously reported on August 4. GAAP and constant currency revenue were revised to reflect recent business trends and macroeconomic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income