In the 2011 first quarter, Western Union reported revenue of $1.3 billion. That’s up 4.1% from $1.2 billion in the comparable 2010 period.
The company earned $210.2 million, in the first quarter of 2011, up 1.1% from $207.9 million a year earlier. During the quarter, Western Union spent $525.2 million to buy back shares. Because of fewer shares outstanding, earnings per share rose 6.7%, to $0.32 from $0.30. If you exclude restructuring expenses, the company earned $0.35 in the latest quarter.
Revenue growth was strong in the Asia Pacific region, the Americas and much of Europe. The company is continuing to expand its electronic services and add to it product portfolio. Western Union recently signed agreements to expand its online money transfer services. New agreements in the Middle East and Africa are adding new agents for cash mobile services.
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The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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Changes to this Policy
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