Western Union reports Q1 adjusted EPS 25c, consensus 39c

Reports Q1 revenue $983M, consensus $962.88M. “First quarter results reflect the continued challenges in our Americas retail business as well as a few discrete items affecting the quarter,” said Devin McGranahan, President and Chief Executive Officer. “Looking ahead, the pending acquisition of Intermex is expected to strengthen our retail capabilities in the Americas, our stablecoin launch will modernize our payment systems, and continued investment in our digital channel is preparing us for a more digitally-focused future.”