Western Union Reports Q2 EPS In Line

(RTTNews) - Western Union Co. (WU) reported net income for the second quarter of $193.8 million or $0.36 per share, compared to $198.6 million or $0.36 per share for the year-ago quarter.

Total revenues for the second quarter rose 1% to $1.41 billion from $1.39 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.36 per share on revenue of $1.42 billion for the second quarter.

Looking forward, the company affirmed the full year 2014 revenue outlook of flat to low single digit growth, or low to mid-single digit gowth in constant currency.

The company now expects full year 2014 earnings per share in the range of $1.45 to $1.50, compared to its prior guidance of $1.40 to $1.50 per share.

Analysts currently expect the company to earn $1.45 per share on revenue growth 2% for the full year 2014.