Earnings Preview: Western Union Results Riding on Margins, 2010 Guidance

Expect Western Union (WU), the global leader in consumer money transfers, to report 4Q 2009 results at or slightly above expectations on Wednesday, maintaining its dominant position in the industry, but with profit margins declining. What will probably be more important to investors is the guidance for 2010 that the company delivers, as a number of industry challenges that affect the company's growth have presented themselves.