Western Union's Q4 earnings may be impacted by lower transactions, with varying opportunities for other companies.
From Nasdaq
January 30, 2025 11:49:00 AM:
The Western Union Company is set to report its fourth-quarter 2024 results on Feb. 4, with a Zacks Consensus Estimate of 42 cents per share on revenues of $1 billion. Estimates show a 13.5% year-over-year earnings growth but a 2.5% decline in revenues. The company has a history of beating earnings estimates, with an average surprise of 5%.
Lower transactions in various regions are expected to impact Western Union’s Consumer Money Transfer segment in Q4. Reduced revenues in multiple regions may have affected results. While CMT transactions are expected to grow by 0.5% year over year, the overall outlook suggests a decline in revenues and operating income for the segment.
While an earnings beat for Western Union seems uncertain, other companies in the Business Services sector may be worth considering. Coinbase Global, Inc. has an Earnings ESP of +51.52%, Fidelity National Information Services, Inc. has an ESP of +0.41%, and S&P Global Inc. has an ESP of +0.83%. These companies have the potential for an earnings beat in the upcoming quarter.
The Zacks Consensus Estimate for Coinbase Global’s Q4 earnings is 87 cents per share, with a stable estimate over the past week. Fidelity National Information Services’ estimate is $1.35 per share, showing stability over the past week, while S&P Global’s estimate is $3.41 per share, indicating 9% year-over-year growth. These companies have shown a history of beating earnings estimates in previous quarters.
Read more at Nasdaq: Can Western Unions’ Q4 Earnings Navigate Through Lower Transactions?
