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Western Union (WU) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
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Wall Street analysts forecast that Western Union (WU - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 25.5%. It is anticipated that revenues will amount to $1.02 billion, exhibiting a decrease of 0.8% compared to the year-ago quarter.
The current level reflects a downward revision of 1.8% 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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Western Union metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Revenue- Consumer Services' should arrive at $160.36 million. The estimate indicates a change of +3.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Consumer Money Transfer' will likely reach $865.11 million. The estimate points to a change of -1.5% from the year-ago quarter.
The average prediction of analysts places 'Consumer Money Transfer transactions - Total' at 71.99 million. Compared to the present estimate, the company reported 70.60 million in the same quarter last year.
Analysts forecast 'Consumer Money Transfer - Cross-border principal' to reach 27.74 billion. The estimate is in contrast to the year-ago figure of 27.20 billion.
It is projected by analysts that the 'Segment Operating Income (Loss)- Consumer Services' will reach $14.60 million. Compared to the present estimate, the company reported $34.00 million in the same quarter last year.
According to the collective judgment of analysts, 'Segment Operating Income (Loss)- Consumer Money Transfer' should come in at $149.78 million. The estimate is in contrast to the year-ago figure of $172.20 million.
Western Union shares have witnessed a change of +3.1% in the past month, in contrast to the Zacks S&P 500 composite's -2.3% move. With a Zacks Rank #3 (Hold), WU is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Western Union (WU) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Wall Street analysts forecast that Western Union (WU - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 25.5%. It is anticipated that revenues will amount to $1.02 billion, exhibiting a decrease of 0.8% compared to the year-ago quarter.
The current level reflects a downward revision of 1.8% 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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Western Union metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Revenue- Consumer Services' should arrive at $160.36 million. The estimate indicates a change of +3.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Consumer Money Transfer' will likely reach $865.11 million. The estimate points to a change of -1.5% from the year-ago quarter.
The average prediction of analysts places 'Consumer Money Transfer transactions - Total' at 71.99 million. Compared to the present estimate, the company reported 70.60 million in the same quarter last year.
Analysts forecast 'Consumer Money Transfer - Cross-border principal' to reach 27.74 billion. The estimate is in contrast to the year-ago figure of 27.20 billion.
It is projected by analysts that the 'Segment Operating Income (Loss)- Consumer Services' will reach $14.60 million. Compared to the present estimate, the company reported $34.00 million in the same quarter last year.
According to the collective judgment of analysts, 'Segment Operating Income (Loss)- Consumer Money Transfer' should come in at $149.78 million. The estimate is in contrast to the year-ago figure of $172.20 million.
View all Key Company Metrics for Western Union here>>>Western Union shares have witnessed a change of +3.1% in the past month, in contrast to the Zacks S&P 500 composite's -2.3% move. With a Zacks Rank #3 (Hold), WU is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .