DENVER (AP) _ Western Union Co. (WU) on Wednesday reported second-quarter profit of $222.5 million.

The Denver-based company said it had net income of 54 cents per share. Earnings, adjusted for one-time gains and costs, came to 48 cents per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The money transfer company posted revenue of $1.29 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.25 billion.

Western Union expects full-year earnings in the range of $2 to $2.10 per share.

Western Union shares have risen nearly 1% since the beginning of the year, while the S&P's 500 index has increased 17%. In the final minutes of trading on Wednesday, shares hit $22.13, a drop of 8.5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WU at https://www.zacks.com/ap/WU

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