Western Union Company ( (WU) ) has released its Q1 earnings. Here is a breakdown of the information Western Union Company presented to its investors.
The Western Union Company is a global leader in cross-border, cross-currency money movement and digital financial services, connecting consumers, businesses, financial institutions, and governments across more than 200 countries and territories. The company is renowned for its extensive network of retail locations and its commitment to providing accessible financial services worldwide.
In its first quarter of 2025, Western Union reported a GAAP revenue of $984 million, marking a 6% decrease from the previous year. However, the company’s Branded Digital segment showed positive momentum with a 7% increase in reported revenue and a 14% rise in transactions, highlighting the strength of its digital offerings amid challenging economic conditions.
Key financial metrics for the quarter included a GAAP earnings per share (EPS) of $0.36 and an adjusted EPS of $0.41, both reflecting a decline compared to the previous year. The Consumer Money Transfer segment experienced a 9% drop in revenue, while the Consumer Services segment saw a significant 27% growth in reported revenue. Western Union also completed the acquisition of Eurochange Limited in the UK, enhancing its retail foreign exchange services.
Looking ahead, Western Union remains optimistic about its 2025 financial outlook, reaffirming its revenue and operating margin guidance. The company continues to focus on its Evolve 2025 strategy, aiming to drive improved revenue performance and create long-term shareholder value by expanding its digital and financial services offerings globally.