Western Union Files 8-K on Financial Results & Operations
Ticker: WU · Form: 8-K · Filed: Feb 6, 2024 · CIK: 1365135
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K
TL;DR
**Western Union just dropped an 8-K on its financial results, so expect some market movement.**
AI Summary
The Western Union Company filed an 8-K on February 6, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that Western Union is providing an update on its financial performance, likely related to its latest earnings, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing financially, directly impacting stock valuation and potential dividend payouts.
Why It Matters
This filing provides investors with the latest financial performance data for Western Union, which is essential for evaluating the company's health and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently present new risks, but rather provides information to assess existing business risks.
Analyst Insight
A smart investor would review the full 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' once they are publicly available to understand the specifics of Western Union's financial performance and adjust their investment thesis accordingly.
Key Numbers
- 001-32903 — Commission File Number (identifies Western Union's registration with the SEC)
- 20-4531180 — IRS Employer Identification No. (identifies Western Union for tax purposes)
- 866 405-5012 — Registrant’s Telephone Number (contact information for Western Union)
Key Players & Entities
- The Western Union Company (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for Western Union
- New York Stock Exchange (company) — exchange where Western Union's common stock is registered
- WU (company) — trading symbol for Western Union
- $0.01 (dollar_amount) — par value of Western Union's common stock
FAQ
What is the purpose of this 8-K filing by The Western Union Company?
The purpose of this 8-K filing, dated February 6, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item 2.02 and Item 9.01, respectively.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 06, 2024.
What is the trading symbol and the exchange where The Western Union Company's common stock is registered?
The trading symbol for The Western Union Company's common stock is WU, and it is registered on The New York Stock Exchange.
What is the state of incorporation for The Western Union Company?
The Western Union Company is incorporated in Delaware.
Is The Western Union Company considered an emerging growth company according to this filing?
No, the filing indicates with a '☐' that The Western Union Company is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 526 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-02-06 16:05:55
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 Par Value WU The New York Stock Exc
Filing Documents
- wu-20240206.htm (8-K) — 44KB
- wu-ex99_1.htm (EX-99.1) — 1375KB
- img228933575_0.jpg (GRAPHIC) — 97KB
- 0000950170-24-011715.txt ( ) — 1713KB
- wu-20240206.xsd (EX-101.SCH) — 23KB
- wu-20240206_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On February 6, 2024, The Western Union Company (the "Company") issued a press release relating to the Company's earnings for the fourth quarter of 2023 (the "Earnings Release"). A copy of the Earnings Release is attached hereto as Exhibit 99.1. The information furnished under this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Securities Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), except as may be expressly set forth by specific reference to such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 99.1 Earnings press release issued by The Western Union Company on February 6, 2024. 101 Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 6, 2024 THE WESTERN UNION COMPANY By: /s/ D ARREN A. D RAGOVICH Name: Darren A. Dragovich Title: Vice President and Secretary