NYSE$WU
Western Union Company · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported third quarter results, exceeding expectations driven by revenue growth from Iraqi monetary policy change and positive global branded digital revenue growth.
Western Union's third-quarter revenue reached $1.10 billion, a 1% increase on a reported basis, or 7% on an adjusted basis. GAAP EPS was $0.46, and adjusted EPS was $0.43, both increasing 2% year-over-year. The company improved its full-year 2023 outlook.
- Q3 GAAP revenue of $1.10 billion grew 1% on a reported basis, or 7% on an adjusted basis.
- Q3 GAAP EPS of $0.46 and Q3 adjusted EPS of $0.43 both increased 2% year-over-year.
- Branded Digital business achieved 3% revenue growth in Q3 on double-digit transaction growth.
- Company improves full-year 2023 outlook.
Headline financials
Revenue & EPS history
Western Union · Revenue · Quarterly
$1.1B
Revenue by segment
Western Union · $1.02B total across 1 segment · Q3 2023
- Consumer Money Transfer$1.02B+3.7%100.0%
Forward guidance
The company improved its 2023 full-year revenue and EPS outlook. The outlook assumes no material changes in macroeconomic conditions, including changes in foreign currencies or Argentinian inflation.
Tailwinds
- Revenue: (4%) to (3%)
- Adjusted revenue: 0% to 1%
- Operating Margin: 18% to 20%
- Adjusted Operating Margin 19% to 21%
- EPS $1.67 to $1.74
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 2023
-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
| Quarter | Report date | Reaction (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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