U.S. Markets open in 50 mins

Western Union Q2 Earnings Preview

Benzinga Newsdesk

The Western Union (NYSE: WU) releases its next round of earnings this Thursday, August 1. Here's Benzinga's essential guide to Western Union's Q2 earnings report.

Earnings and Revenue

Sell-side analysts expect Western Union's EPS to be near 60 cents on sales of $1.35 billion.

Western Union earnings in the same period a year ago was 46 cents. Quarterly sales came in at $1.41 billion. The Wall Street estimate would represent a 30.43% increase in the company's earnings. Sales would be down 4.32% from the same quarter last year. The Western Union's reported EPS has stacked up against analyst estimates in the past like this:

View more earnings on WU

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 0.430 0.49 0.48 0.47
EPS Actual 0.390 0.49 0.52 0.46

Stock Performance

Over the last 52-week period, shares are up 3.93%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Sell rating with The Western Union. The strength of this rating has maintained conviction over the past three months.

Conference Call

Western Union is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://78449.choruscall.com/dataconf/productusers/western/mediaframe/31089/indexr.html

See more from Benzinga

© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.