Western Union 2Q Earnings Pregame Scorecard
Having met analysts' estimates last quarter, Western Union (NYSE:WU) is expected to deliver its latest earnings on Tuesday, July 24, 2012.
Expectations
Analysts currently expect Western Union to come in with earnings of 43 cents per share on revenues of $1.45 billion. Estimates from analysts range from 40 cents per share to 47 cents per share. The average estimate has shown no movement over the last three months.
Stock Movement
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen 56 cents per share. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell 92 cents (-5.1%), from $17.95 to $17.03.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 15 analysts rate it as a buy and only one analyst rate it as a sell. The average analyst rating of the stock has stayed constant from three months prior.
Last Quarter's Results
In the first quarter, profit rose 17.6% to $247.3 million (40 cents a share) from $210.2 million (32 cents a share) the year earlier, meeting analyst expectations. Revenue rose 39.6% to $1.39 billion from $998 million.
Summary
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 43 cents
Revenue Estimate: $1.45 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)