NYSE$WU

Western Union Company · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported a revenue decline of 4% and GAAP EPS of $0.74, with adjusted EPS at $0.51. The financial outlook was revised due to the suspension of services in Russia and Belarus.

Western Union reported a revenue decline of 4% to $1.2 billion, impacted by a decline in retail money transfer and the suspension of services in Russia and Belarus. GAAP EPS was $0.74, while adjusted EPS was $0.51. The company updated its full-year financial outlook due to the service suspensions.

  • Consumer-to-Consumer revenues decreased by 5% on a reported basis, with transactions declining by 4%.
  • Digital money transfer revenues increased by 5% and represented 25% of total C2C revenues.
  • The company completed the first closing of its divestiture of Business Solutions on March 1, 2022.
  • GAAP operating margin was 20.5%, and the adjusted operating margin was 21.8%.

Headline financials

Total Revenue

$1.16B

Previous: $1.21B-4.5%
EPS (adj)

$0.51

Previous: $0.44+15.9%
C2C Transactions

69.7M

No prior period
C2C Transaction Growth

-4.0%

Previous: 9.0%-144.4%
Capital Expenditures

-$10.3M

Previous: -$8.7M-18.4%
Free Cash Flow

$283M

Previous: $173M+63.5%
Net Income

$293M

Previous: $182M+61.3%
Operating Income

$238M

Previous: $233M+2.0%
Gross Profit

$501M

Previous: $504M-0.7%
Cash & Equivalents

$1.3B

Previous: $1.5B-13.8%
Total Assets

$8.49B

Previous: $9.28B-8.5%

Revenue & EPS history

Western Union · Revenue · Quarterly

$1.16B

Q1 2022-4.5%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Western Union · $999M total across 1 segment · Q1 2022

  • Consumer Money Transfer
    $999M

Forward guidance

The Company updated its full year 2022 financial outlook due to suspension of operations in Russia and Belarus and other related impacts.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.7%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-1.0%

Avg return

30 days after

44%

32 / 73 earnings

Positive

+10.1%

Q3 2025

Best reaction

-29.0%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.6%-3.8%-10.3%
Q4 2025-1.8%+2.8%-4.4%
Q3 2025+10.1%+17.2%+3.4%
Q1 2025+0.5%+0.0%-7.0%
Q4 2024+6.1%+0.7%+11.9%
Q3 2024-3.8%-3.3%-4.7%
Q2 2024-7.7%-10.6%-6.0%
Q1 2024-0.8%+0.8%-4.1%
Q4 2023-4.5%+0.6%+13.6%
Q3 2023-12.1%-17.4%-9.2%
Q2 2023-1.1%-2.4%-4.4%
Q1 2023+7.2%+11.8%+6.2%
Q4 2022-0.6%+0.1%-19.2%
Q3 2022-3.5%-5.2%+7.1%
Q2 2022-3.1%-3.5%-13.2%
Q1 2022-9.9%-6.6%-3.3%
Q4 2021+3.8%+7.3%-8.1%
Q3 2021-1.4%-3.6%-8.7%
Q2 2021-2.1%-0.0%-4.5%
Q1 2021-2.6%-2.1%-2.1%
Q4 2020+0.8%+2.7%+5.7%
Q3 2020-4.0%+1.7%+11.2%
Q2 2020-5.5%-3.9%-4.0%
Q1 2020+3.3%+5.7%+24.7%
Q4 2019-7.7%-7.3%-26.9%
Q3 2019+5.1%+5.2%+6.7%
Q2 2019+3.9%+1.8%+5.3%
Q1 2019-0.1%+0.9%+3.9%
Q4 2018-3.2%-3.3%-3.6%
Q3 2018-0.7%+2.4%+3.8%
Q2 2018-3.7%-4.9%-6.1%
Q1 2018-2.5%-0.7%+0.7%
Q4 2017+2.7%+2.5%+1.3%
Q3 2017-2.4%-4.1%-1.4%
Q2 2017+1.2%-1.0%-3.6%
Q1 2017-3.6%-2.9%-2.7%
Q4 2016-0.9%-1.2%-1.2%
Q3 2016-0.8%-2.2%+3.3%
Q2 2016+5.4%+6.2%+10.1%
Q1 2016-5.4%
Q4 2015-2.3%
Q3 2015-1.7%
Q2 2015+6.3%
Q1 2015+4.2%
Q4 2014+3.9%
Q3 2014+3.2%
Q2 2014-5.0%
Q1 2014+2.8%
Q4 2013+4.5%
Q3 2013-12.7%
Q2 2013+5.8%
Q1 2013+6.8%
Q4 2012-0.6%
Q3 2012-29.0%
Q2 2012+0.3%
Q1 2012+2.4%
Q4 2011+0.5%
Q3 2011+0.3%
Q2 2011-1.0%
Q1 2011-1.7%
Q4 2010+4.7%
Q4 2007+4.7%
Q3 2010+0.1%
Q2 2010+1.2%
Q1 2010-5.9%
Q4 2009+0.3%
Q3 2009-0.2%
Q3 2008-0.2%
Q2 2009-1.4%
Q2 2008-1.4%
Q4 2008+3.1%
Q1 2009+3.1%
Q1 2008+3.1%

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