NYSE$WU

Western Union Company · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Western Union's first quarter results were reported, showing revenue increase and digital growth.

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.

Headline financials

Total Revenue

$1.05B

Previous: $1.04B+1.2%
EPS

$0.41

Previous: $0.43-4.7%
C2C Transactions

69.0M

Previous: 65.3M+5.7%
C2C Transaction Growth

6.0%

Previous: -6.0%+200.0%
C2C Revenue Growth

3.0%

No prior period
Capital Expenditures

-$11M

Previous: -$6.8M-61.8%
Free Cash Flow

$132M

Previous: $145M-9.2%
Net Income

$143M

Previous: $152M-6.0%
Operating Income

$192M

Previous: $205M-6.2%
Gross Profit

$408M

Previous: $407M+0.1%
Cash & Equivalents

$1.11B

Previous: $1.23B-9.9%
Total Assets

$8.05B

Previous: $8.23B-2.2%

Revenue & EPS history

Western Union · Revenue · Quarterly

$1.05B

Q1 2024+1.2%vs Q1 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Western Union · $1.02B total across 1 segment · Q3 2023

  • Consumer Money Transfer
    $1.02B+3.7%

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.

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 2024

Historical avgQ1 2024

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro