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Curious about Western Union (WU) Q3 Performance? Explore Wall Street Estimates for Key Metrics
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In its upcoming report, Western Union (WU - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.43 per share, reflecting a decline of 6.5% compared to the same period last year. Revenues are forecasted to be $1.02 billion, representing a year-over-year decrease of 1.4%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Western Union metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Consumer Services' of $127.65 million. The estimate points to a change of +23% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Consumer Money Transfer' should come in at $890.79 million. The estimate indicates a change of -4.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Consumer Money Transfer transactions - Total' should arrive at 71.50 million. The estimate compares to the year-ago value of 72.60 million.
Over the past month, Western Union shares have recorded returns of +1.8% versus the Zacks S&P 500 composite's +1.1% change. Based on its Zacks Rank #4 (Sell), WU will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Western Union (WU) Q3 Performance? Explore Wall Street Estimates for Key Metrics
In its upcoming report, Western Union (WU - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.43 per share, reflecting a decline of 6.5% compared to the same period last year. Revenues are forecasted to be $1.02 billion, representing a year-over-year decrease of 1.4%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Western Union metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Consumer Services' of $127.65 million. The estimate points to a change of +23% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Consumer Money Transfer' should come in at $890.79 million. The estimate indicates a change of -4.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Consumer Money Transfer transactions - Total' should arrive at 71.50 million. The estimate compares to the year-ago value of 72.60 million.
View all Key Company Metrics for Western Union here>>>Over the past month, Western Union shares have recorded returns of +1.8% versus the Zacks S&P 500 composite's +1.1% change. Based on its Zacks Rank #4 (Sell), WU will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .