NYSE$WU

Western Union Company · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Western Union's Q3 2022 performance declined compared to the previous year due to the suspension of operations in Russia and Belarus, and a decrease in digital business, but was in line with the company's prior outlook.

Western Union's Q3 2022 revenue was $1.1 billion, a 15% decline on a reported basis, or 6% on a constant currency basis excluding the contribution from Business Solutions, compared to the prior year period. GAAP EPS was $0.45, and adjusted EPS was $0.42. The company reaffirmed its full year financial outlook.

  • Q3 GAAP EPS was $0.45, while adjusted EPS was $0.42.
  • Revenue declined 15% on a reported basis, or 6% on a constant currency basis excluding the contribution from Business Solutions, compared to the prior year period.
  • C2C revenues declined 11% on a reported basis, or 8% constant currency, while transactions declined 12% compared to the prior year period.
  • Digital money transfer revenues declined 12% on a reported basis, or 9% constant currency, while transactions declined 20%.

Headline financials

Total Revenue

$1.09B

Previous: $1.29B-15.3%
EPS (adj)

$0.42

Previous: $0.63-33.3%
C2C Transactions

66.9M

Previous: 76.6M-12.7%
Capital Expenditures

-$21.1M

Previous: -$26.4M+20.1%
Free Cash Flow

$153M

Previous: $206M-25.9%
Net Income

$174M

Previous: $233M-25.3%
Operating Income

$232M

Previous: $319M-27.2%
Gross Profit

$452M

Previous: $566M-20.1%
Cash & Equivalents

$1.18B

Previous: $1B+17.2%
Total Assets

$8.9B

Previous: $8.87B+0.3%

Revenue & EPS history

Western Union · Revenue · Quarterly

$1.09B

Q3 2022-15.3%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Western Union · $982M total across 1 segment · Q3 2022

  • Consumer Money Transfer
    $982M-11.1%

Forward guidance

The Company reaffirmed its full year 2022 financial outlook provided on August 3, 2022. The outlook assumes current macroeconomic conditions will continue for the remainder of the year.

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 Q3 2022

Historical avgQ3 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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