Significant EPS Decline, Revenues Down

For the fourth quarter 2019 Western Union Co income dropped by -33.03 % of $0.32 per share compare to $0.48 a year ago and eps decreased by -0.35 % from $0.32 per share from the previous quarter.

Sales declined by -6.7 % to $1.31 billions from $1.40 billions in the same quarter a year ago and sequentially Sales increased by 0.06 % from $1.31 billions.


Sales fell at CC Transaction fees -6.13%, CC Foreign exchange revenue -64.92%, CC Other revenues -11.83%, Total Consumer to Consumer -19.42%, CB Foreign exchange revenue -93.64%, while revenue growth was achieved at CB Transaction fees +1000%, Total Consumer to Business +6.38%.
A $ million loss in comany's Consumer to Consumer business, is largley responsible for the -36.16 % decline in company's bottom-line from net income of $212.100 millions achieved in the fourth quarter 2019 a year ago.

Consumer to Consumer segment was responsible for the bad news, slipping into red by $-2.7 millions, while a year ago, profits were $286.1 millions.
Looking further into fourth quarter 2019 Western Union Co's profitability, operating margin mitigated to 17.32%, and net margin shrank to 10.35%. Company has decreased it's eps guidance, by $-0.05 to the new range between $1.55 and $ 1.62, while company see it's Sales estimates at $5,327 millions.
segment have widen the loss. Looking into financial results for the fiscal year 2019, Western Union Co reported Sales of $5.29 billions and net income of $1.06 billions.

Professional Services Company explained also, that Earnings per share grew by 31.55 % to $2.46 per share from $1.87 in the previous fiscal year, while Sales decreased by -5.33 % from $5.59 billions a year ago.

Western Union Co is expected to report next financial results on July 30, 2020.