Western Union Beats Q4 Earnings, Misses On Revenue

Western Union Co. (WU - Analyst Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.42 and revenue of $1.38 billion.

Currently, WU has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Western Union:                                 

1. Beat earnings estimates. The company posted $0.42 per share, beating our Zacks Consensus Estimate of $0.41.

2. Missed revenue estimates. The company saw revenue figures of $1.38 billion, missing our estimate of $1.395 billion. This number reflects a 2% decline due to the impact of the stronger U.S. dollar.

3. Reported operating margin of 20.4% for the quarter, up from 19.6% in the fourth quarter of 2014. Improvement primarily resulted from lower expenses related to cost saving initiatives and benefits from foreign exchange hedges.

4. President and Chief Executive Officer Hikmet Ersek said that “I am pleased with our fourth quarter and 2015 results. We again delivered a good quarter despite global economic and geopolitical challenges, which demonstrates the resiliency of our consumers and business.”

5. WU was up $0.25, or 1.47%, to $17.25 as of 4:16 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Western Union’s long-term quarterly reported EPS:

The Western Union Company (WU - Analyst Report) Quarterly Reported EPS | FindTheCompany

The Western Union Company provides money movement and payment services. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. It offers cash money transfer services, walk-in and telephone money transfer, online money transfer, account based money transfer, direct to bank, and mobile money transfer services, payment and foreign exchange solutions, principally cross-border and cross-currency transactions. The Western Union Company was founded in 1851 and is headquartered in Englewood, Colorado.