Western Union reports Q1 adjusted EPS 45c, consensus 41c

Reports Q1 revenue $1.05B, consensus $1.1B. “This year is off to a positive start with high-single digit revenue growth in our Branded Digital business,” said Devin McGranahan, President and Chief Executive Officer, Western Union. “The acceleration of our digital business was a big driver of the strong performance in our Consumer Money Transfer business and positions us well for the remainder of the year. We also continue to make progress in stabilizing our retail business, with the second consecutive quarter of positive retail transactions trends.”