Western Union Co. tumbles on forecast


The money transfer company tumbled after it lowered its full-year earnings forecast. Western Union cut its guidance to a range of $1.60 to $1.63 per share from a previous $1.68 to $1.72. Analysts had estimated $1.75. Third-quarter performance of 45 cents per share on revenue of $1.42 billion also disappointed. One analyst expressed concerns over competition and a tough economy.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of