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Why Western Union Stock Jumped Today

Jeremy Bowman, The Motley Fool
·2 min read
Why Western Union Stock Jumped Today

On the bottom line, adjusted earnings per share fell from $0.51 to $0.43 due to a $0.09 impact from the sale of portions of the business solutions unit, as well as the lost business from Russia and Belarus. "We are particularly pleased with the ongoing momentum in our digital business with 14% growth in our new branded digital customer base, which accelerated global branded digital transaction growth to 7%." Management also forecasts an adjusted operating margin of 19% to 21% and adjusted earnings per share of $1.55 to $1.65.

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