Western Union Q1 Results Top Estimates; Affirms FY15 Outlook

(RTTNews) - Western Union Co. (WU) reported net income for the first quarter of $203.9 million or $0.39 per share, compared to $203.0 million or $0.37 per share for the year-ago quarter.

Total revenue for the first quarter fell 2% to $1.32 billion from $1.35 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.38 per share on revenue of $1.31 billion for the first quarter.

The company affirmed its full year 2015 outlook, which calls for low to mid-single digit revenue decrease and earnings of $1.58 to $1.65 per share. Analysts currently expect the company to earn $1.63 per share on revenue decline of 3.1% for the full year 2015.