WASHINGTON (dpa-AFX) - Western Union Co (WU) announced earnings for its second quarter that climbed from last year.
The company's profit totaled $217.6 million, or $0.47 per share. This compares with $166.5 million, or $0.35 per share, in last year's second quarter.
Excluding items, Western Union Co reported adjusted earnings of $211.4 million or $0.46 per share for the period.
Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.2% to $1.41 billion from $1.38 billion last year.
Western Union Co earnings at a glance:
-Earnings (Q2): $211.4 Mln. vs. $238.2 Mln. last year. -EPS (Q2): $0.46 vs. $0.50 last year. -Analysts Estimate: $0.47 -Revenue (Q2): $1.41 Bln vs. $1.38 Bln last year.
-Guidance: Full year EPS guidance: $1.80 - $1.90
Copyright RTT News/dpa-AFX
© 2018 AFX News