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Brief Overview on Company’s Performance: The Western Union Company (NYSE: WU)

On Friday, Shares of The Western Union Company (NYSE: WU) showed no change to $19.30. The stock grabbed the investor’s attention and traded 4,772,133 shares as compared to its average daily volume of 6.07M shares.

The Western Union Company (WU), a global leader in cross-border, cross-currency money movement, recently stated financial results for the 2018 fourth quarter and full year and offered its financial outlook for 2019.

The Company generated revenue of $1.40B in the quarter, which declined 3% contrast to the prior year, or increased 2% on a constant currency basis. The strengthening of the dollar against the Argentine peso negatively influenced stated revenue by 4 percentage points in the quarter, while the effects of inflation on the Company’s Argentina-based businesses are estimated to have positively influenced both stated and constant currency revenue by about 2 percentage points.

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Adjustment Items:

Adjusted metrics for 2018 exclude the impact of tax expense related to changes in estimates for the provisional accounting for the Tax Act ($8.0M for Q4 and $23.0M for the full year).

Adjusted metrics for 2017 exclude the impact of the Tax Act ($828.0M for Q4 and full year), a non-cash goodwill impairment charge related to the Business Solutions reporting unit ($464.0M for Q4 and full year), expenses related to the WU Way business transformation ($35.0M for Q4 and $94.0M for full year), an accrual related to a settlement with the New York Department of Financial Services (“NYDFS Settlement,” $11.0M for Q4 and $60.0M for full year), additional expenses for an independent compliance auditor as required by the Joint Settlement Agreements ($8.0M for full year), and related tax impacts.

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WU has a market value of $8.42B while its EPS was booked as $1.93 in the last 12 months. The stock has 436.12M shares outstanding. In the profitability analysis, the company has gross profit margin of 40.30% while net profit margin was 15.20%. Beta value of the company was 0.94; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 3.20.

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