The recent trading session saw Western Union (WU) closing at $12.61, up 1.2% from the previous day. The stock outperformed the S&P 500, with the Dow up 0.32% and Nasdaq up 1.58%. Shares of WU rose 0.97% in the last month, surpassing the Business Services sector’s 3.28% loss and the S&P 500’s 0.43% gain.

Investors are anticipating Western Union’s earnings report on July 30, 2024. Projected EPS is $0.44, down 13.73% from last year, with estimated revenue at $1.06 billion, down 9.37%. For the year, estimates point to $1.76 EPS and $4.17 billion revenue, showing positive revisions reflecting analyst optimism about the company’s business.

Valuation-wise, Western Union currently has a Forward P/E ratio of 7.08, below the industry’s average of 15.81. Its PEG ratio is 1.81, higher than the industry’s 1.03. The Financial Transaction Services industry is in the Business Services sector, ranking 172nd out of 250+. The top 50% of ranked industries outperform the bottom half by 2 to 1, with Zacks Industry Rank indicating industry vigor.

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Read more at Nasdaq: Western Union (WU) Laps the Stock Market: Here’s Why