Western Union Co (NYSE:WU) reported downbeat earnings for the second quarter on Monday.
The company posted quarterly earnings of 42 cents per share which missed the analyst consensus estimate of 44 cents per share. The company reported quarterly sales of $1.026 billion which missed the analyst consensus estimate of $1.040 billion
“We continue to execute against our Evolve 2025 strategy, delivering a respectable quarter despite increased macroeconomic and political uncertainty,” said Devin McGranahan, President and Chief Executive Officer. “Our diversified business model, resilient customer base, and keen focus on operational efficiencies highlight the flexibility of our business even in this difficult operating environment.”
Western Union shares fell 3.2% to trade …