NYSE$WU

Western Union Company · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Western Union's financial performance reflected a mix of challenges and progress, with revenue decline offset by growth in digital and consumer services.

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.

Headline financials

Total Revenue

$1.04B

Previous: $1.1B-5.6%
EPS (adj)

$0.46

Previous: $0.43+7.0%
Capital Expenditures

-$23.1M

Previous: -$16.2M-42.6%
Free Cash Flow

$242M

Previous: $155M+56.1%
Net Income

$265M

Previous: $171M+54.9%
Operating Income

$165M

Previous: $211M-21.8%
Gross Profit

$382M

Previous: $411M-6.9%
Cash & Equivalents

$1.1B

Previous: $1.14B-3.6%
Total Assets

$7.68B

Previous: $7.91B-3.0%

Revenue & EPS history

Western Union · Revenue · Quarterly

$1.04B

Q3 2024-5.6%vs Q3 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 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.

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 2024

Historical avgQ3 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%

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