Earnings release
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FOR IMMEDIATE RELEASE WesternUnion \\ WU Western Union Reports Third Quarter Results Total Company GAAP revenues grow to $ 1.3 billion ; GAAP earnings per share ( EPS ) of $ 0.57 , adjusted EPS of $ 0.63 Digital money transfer revenues continue double - digit growth achieving quarterly highs for transactions and principal Advances ecosystem strategy with the launch of WU Shop and an upcoming pilot of digital banking services in select countries Continued strong cash flow generation , with over $ 510 million returned to shareholders year - to - date DENVER , November 2 , 2021 : The Western Union Company ( NYSE : WU ) , a global leader in cross - border , cross - currency money movement and payments , today reported third quarter financial results and updated its 2021 full year financial outlook . The Company's third quarter revenue of $ 1.3 billion increased 2 % on a reported and constant currency basis . Third quarter growth was led by digital money transfer , which continued to deliver double - digit growth , and the Business Solutions segment , partially offset by retail money transfer due to the slow pace of economic recovery . GAAP EPS in the third quarter was $ 0.57 compared to $ 0.55 in the prior year period . The year- over - year increase in GAAP EPS resulted from revenue growth and lower planned marketing investment , partially offset by a higher tax rate due to deferred taxes recorded on the pending sale of Business Solutions and higher technology investment . Adjusted EPS in the third quarter was $ 0.63 compared to $ 0.57 in the prior year period . Year- over - year growth in adjusted EPS was driven by similar factors as above , excluding certain items . For a full reconciliation between GAAP and Adjusted EPS , please see the " Adjustment Items " section of this press release . 1