Western Union Projects 2026 Adjusted EPS of $1.28-$1.38 and Targets $80 Million in Cost Savings
Western Union (NYSE: WU) has provided long-term financial guidance, projecting adjusted earnings per share (EPS) between $1.28 and $1.38 for the year 2026. To support these targets and improve margins, the company is implementing a cost-reduction strategy aimed at achieving more than $80 million in annual run-rate savings. CEO Devin McGranahan noted that the remittance industry has faced significant headwinds over the past 18 months, particularly affecting companies with large retail footprints in the Americas. The company's strategic focus appears to be shifting toward operational efficiency and cost management to navigate these sector-specific challenges.
Tickers: $WU