Western Union Co Q3 Profit Retreats 7%

(RTTNews) - Western Union Co (WU) released earnings for third quarter that declined compared to the same period last year.

The company said its profit came in at $216.9 million, or $0.44 per share. This was lower than $232.3 million, or $0.45 per share, in last year's third quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.4% to $1.38 billion. This was down from $1.40 billion last year.

Western Union Co earnings at a glance:

-Earnings (Q3): $216.9 Mln. vs. $232.3 Mln. last year. -Earnings Decline (Y-o-Y): -6.6% -EPS (Q3): $0.44 vs. $0.45 last year. -EPS Decline (Y-o-Y): -2.2% -Analysts Estimate: $0.44 -Revenue (Q3): $1.38 Bln vs. $1.40 Bln last year. -Revenue Change (Y-o-Y): -1.4%

-Guidance: Full year EPS guidance: $1.60 - $1.70