The Western Union: Q2 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of The Western Union (NYSE:WU) increased in after-market trading after the company reported Q2 results.

Quarterly Results

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Earnings per share rose 17.07% over the past year to $0.48, which beat the estimate of $0.47.

Revenue of $1,290,000,000 higher by 15.70% from the same period last year, which beat the estimate of $1,260,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call


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Date: Aug 04, 2021

Time: 04:30 PM

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Technicals

52-week high: $26.61

Company's 52-week low was at $19.07

Price action over last quarter: down 9.76%

Company Description

Western Union provides domestic and international money transfers through its global network of about 500,000 outside agents. It is the largest money transfer company in the world and one of only two companies with a truly global agent network, with MoneyGram being the other.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps