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Western Union (WU) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-09-12 07:05
In the latest market close, Western Union (WU) reached $11.78, with a -1.01% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 1.07%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.17%.Shares of the money transfer company have appreciated by 2.15% over the course of the past month, underperforming the Business Services sector's gain of 5.24% and the S&P 500's gain of 2.92%.Investors will be eagerly wa ...
Why Western Union (WU) Dipped More Than Broader Market Today
ZACKS· 2024-09-06 07:01
Western Union (WU) closed at $12.07 in the latest trading session, marking a -1.31% move from the prior day. This change lagged the S&P 500's daily loss of 0.3%. On the other hand, the Dow registered a loss of 0.54%, and the technology-centric Nasdaq increased by 0.25%.The money transfer company's shares have seen an increase of 6.63% over the last month, surpassing the Business Services sector's gain of 5.74% and the S&P 500's gain of 3.42%.Investors will be eagerly watching for the performance of Western ...
Western Union (WU) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-09-05 07:22
In the latest trading session, Western Union (WU) closed at $12.23, marking a +0.49% move from the previous day. This move outpaced the S&P 500's daily loss of 0.16%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.3%.Coming into today, shares of the money transfer company had gained 5.83% in the past month. In that same time, the Business Services sector gained 5.8%, while the S&P 500 gained 3.64%.Market participants will be closely following the financial results of Western Uni ...
Western Union Digital Transformation Strategy Profile 2024: Accelerators, Incubators and Other Innovation Programs
GlobeNewswire News Room· 2024-09-04 00:15
Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Western Union 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into company's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and acquisitions. Western Union is a US-based financial services company enabling businesses, consumers, governments, and financial institutions to safely send money and make pa ...
Here's Why You Should Retain Western Union Stock for Now
ZACKS· 2024-09-03 02:41
The Western Union Company (WU) , a renowned name in the global payments industry, offers robust services in money transfer and payment solutions. With rising transaction volumes and resilience in its Branded Digital business, the company is poised for growth. Strong performance in Latin America, Caribbean region and North America are supporting its Consumer Money Transfer segment’s growth.Headquartered in Denver, CO, WU currently has a market cap of $4.1 billion. In the year-to-date period, Western Union sh ...
Western Union (WU) Trades Flat On The Day: What You Should Know
ZACKS· 2024-08-30 07:01
The latest trading session saw Western Union (WU) ending at $12.11, denoting no adjustment from its last day's close. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.23%.The the stock of money transfer company has risen by 1.85% in the past month, lagging the Business Services sector's gain of 2.21% and the S&P 500's gain of 2.55%.The upcoming earnings release of Western Union will be of great interest to investors. The company is expected to report EPS of $0.44, up 2.33% from th ...
Western Union (WU) Up 1.9% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-30 00:37
It has been about a month since the last earnings report for Western Union (WU) . Shares have added about 1.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Western Union due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Western Union Q2 Earnings Meet, Iraq Results ...
Western Union (WU) Q2 Earnings Meet, Iraq Results Dismal
ZACKS· 2024-08-03 03:35
Shares of The Western Union Company (WU) lost 10% since it reported second-quarter 2024 results on Jul 30. The quarterly results suffered a blow due to a revenue and operating income decline as a result of reduced Iraq contributions and increased currency volatility. Nevertheless, the Consumer Money Transfer (“CMT”) unit saw transaction growth as a result of the solid performance of the Branded Digital business. A decline in overall expenses also provided some respite to margins.WU posted second-quarter adj ...
Here's Why Western Union (WU) is a Strong Value Stock
ZACKS· 2024-08-02 22:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...
Western Union (WU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-31 08:30
Western Union (WU) reported $1.07 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.9%. EPS of $0.44 for the same period compares to $0.51 a year ago.The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $0.44, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...