WU Western Union surprises with Q3 report, shares +3.3%
Western Union (NYSE:WU) trades higher in early action after the company tops the estimate of analysts with its Q3 report. Operating margin improved by 80 bps to 21.8% during the quarter to help alleviate some concerns on the impact of new competition. Consumer-to-consumer transaction volume +5%. Guidance: Full-year EPS outlook raised to $1.50 from $1.45-$1.50 prior. WU +3.3% premarket.
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