Western Union Co. reported fourth-quarter earnings of $114.4 million, or 36 cents per share, which adjusted to 45 cents per share and surpassed analyst expectations of 43 cents. However, the money transfer company missed revenue forecasts, posting $1.01 billion against an expected $1.04 billion. For the full year, Western Union reported a profit of $499.6 million on $4.05 billion in revenue and provided a full-year earnings forecast between $1.75 to $1.85 per share.
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Western Union: Q4 Earnings Snapshot
Western Union Co. reported fourth-quarter earnings of $114.4 million, or 36 cents per share, which adjusted to 45 cents per share and surpassed analyst expectations of 43 cents. However, the money transfer company missed revenue forecasts, posting $1.01 billion against an expected $1.04 billion. For the full year, Western Union reported a profit of $499.6 million on $4.05 billion in revenue and provided a full-year earnings forecast between $1.75 to $1.85 per share.