BUZZ-Western Union down after Q1 rev miss

Reuters
24 Apr
BUZZ-Western Union down after Q1 rev miss

** Money transfer service Western Union WU.N shares down 2.2% at $9.89 after Q1 results miss

** Co reports revenue fall of $983.60 million, a 6.2% drop from a year ago, missing Wall Street estimates of $994.64 million

** WU posts adjusted earnings of 41 cents, in line with analysts' estimates - data compiled by LSEG

** Current average analyst rating is "hold" with 1 "buy" or higher, 11 "hold" and 7 "sell" or lower; Median PT is $12 - LSEG data

** As of last close, WU down 4.6% YTD, compared to payment firms PayPal's PYPL.O 26.8% slump, Visa's V.N 5.8% rise and Mastercard's MA.N 0.7% gain

(Reporting by Twesha Dikshit)

((Twesha.Dikshit@thomsonreuters.com))

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