Western Union Reiterates 2009 Profit Forecast
Stock quotes in this article:
WU
ENGLEWOOD, Colo. (AP) Western Union Co. maintained its full-year earnings outlook Tuesday after reporting its first-quarter profit rose 8 percent.
The money transfer agent still expects a profit of $1.18 to $1.28 per share for 2009. Revenue is expected to fall 5 percent to 8 percent, which would indicate revenue of approximately $4.86 billion to $5.02 billion. The company reported $5.28 billion in revenue for the previous year. Analysts polled by Thomson Reuters predict net income of $1.22 per share on revenue of $5.01 billion. Analysts' estimates typically exclude one-time items. Western Union's first-quarter profit increased mostly because the prior-year period was burdened by a large restructuring charge.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
Oil *
75.55
|
|
UP
73.00
|
UP
6.24
|
UP
18.86
|
DOWN
0.17
|
10 Yr
3.43%
SPDR Gold
109.74
|
|
+0.72%
|
+0.57%
|
+0.88%
|
-0.49%
|
Data delayed 20 minutes |














