While Tuesday’s earnings for Western Union were a mixed bag, the overall 2017 outlook remains steady.
Although there’s been no change in the regulatory environment and the bidding war for MoneyGram is still underway, Western Union performed well across the board.
Here are the numbers:
$0.35 | Tuesday night’s earnings which was below analysts’ $0.39 expectations
$1.3 billion | Current Western Union revenues
2 percent | Increase in transactions
27 percent | Increase in westernunion.com business
10 percent | Increase in consumer-to-business segment