Western Union's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Western Union (NYSE:WU) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts estimating an EPS of $0.37. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Historical data shows mixed reactions to past earnings reports, with the stock price experiencing both increases and decreases post-announcement. Currently, WU shares are trading at $12.61, reflecting a 10.46% decline over the last year.
February 05, 2024 | 8:01 pm
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Western Union is expected to report an EPS of $0.37 for the upcoming quarter. Historical performance shows varied stock price reactions to earnings announcements. Shares have declined by 10.46% over the past year.
Given the mixed historical stock price reactions to Western Union's earnings announcements, it's challenging to predict a clear direction for the stock's short-term movement post-earnings. The anticipation of the earnings beat and guidance could provide some positive momentum, but the overall negative trend over the past year and the company's recent history of stock price drops following earnings beats suggest a cautious outlook.
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