Western Union Q1 2024 Adj EPS $0.45 Beats $0.41 Estimate, Sales $1.05B Beat $1.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
Western Union reported Q1 2024 adjusted EPS of $0.45, surpassing the $0.41 estimate, with sales of $1.05B exceeding the $1.01B forecast. This represents a 1.16% increase in sales compared to the same period last year.
April 24, 2024 | 8:21 pm
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POSITIVE IMPACT
Western Union's Q1 2024 earnings and sales exceeded analyst expectations, indicating strong financial performance.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported growth in sales compared to the same period last year further strengthens the case for a positive outlook on WU's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100