
Regardless of soft demand in the first quarter of 2022, company managed to improve its earnings per share, profits jumped by 68.18 % to $0.74 per share while Revenues diminished by -4.488 % to $
1.16 billions, year on year.
Looking into recent numbers from the preceding reporting period Revenue deteriorated by -10.048 % from $1.28 billions and earnings per share soared by 76.14 % from $0.42 per share.
Net profits of $293.300 millions in the first quarter of 2022 increased by 61.33 % from net earnings of $181.800 millions reported in the first quarter of 2022 a year ago. The Western Union Company also emphasized it's improving profit margins, where net margin rose to 25.38% in first quarter of 2022, and operating margin edged up to 20.55%.
The Western Union Company is expected to report next financial recent numbers on August 03, 2022.