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Sep 30, 2024
Western Union Q3 2024 Earnings Report
Western Union's financial performance reflected a mix of challenges and progress, with revenue decline offset by growth in digital and consumer services.
Key Takeaways
Western Union reported a 6% decrease in Q3 GAAP revenue to $1.04 billion, but adjusted revenue, excluding Iraq, increased by 1%. Branded Digital revenue grew by 8%, and Consumer Services revenue grew by 32%. GAAP EPS was $0.78, and adjusted EPS was $0.46.
Q3 GAAP revenue was $1.04 billion, a 6% decrease, while adjusted revenue, excluding Iraq, increased by 1%.
Branded Digital revenue grew by 8%, with transactions up 15%.
Consumer Services revenue grew by 32% due to new and expanded products.
GAAP EPS was $0.78, and adjusted EPS was $0.46.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company revised its GAAP operating margin and EPS outlook to include the impact related to redeployment program costs, Russia asset impairments and termination costs, and the IRS settlement. The Company reiterated its full year 2024 adjusted outlook based on performance. The outlook assumes no material changes in macroeconomic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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