Flyware (FLYW) shares soared 7.1% in the last trading session to close at $20.58. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 1.8% loss over the past four weeks.Flywire extended its rally for the fifth straight day, driven by optimism over the ongoing recovery in the financial transaction services space. The streak follows a massive industry-wide panic selling, which made financial transaction services stocks attractive again. FLYW boasts a platform that enables payment flows across multiple currencies and different payment types at a time when demand for digital transactions is rising.This payments company is expected to post quarterly loss of $0.17 per share in its upcoming report, which represents a year-over-year change of -6.3%. Revenues are expected to be $46.91 million, up 26.9% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For Flyware, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on FLYW going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Flyware is a member of the Zacks Financial Transaction Services industry. One other stock in the same industry, Western Union (WU), finished the last trading session 4.9% higher at $16.69. WU has returned -9.7% over the past month.Western Union's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.41. Compared to the company's year-ago EPS, this represents a change of -14.6%. Western Union currently boasts a Zacks Rank of #5 (Strong Sell). Just Released: Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through 2021, the Zacks Top 10 Stocks portfolios gained an impressive +1,001.2% versus the S&P 500’s +348.7%. Now our Director of Research has combed through 4,000 companies covered by the Zacks Rank and has handpicked the best 10 tickers to buy and hold. Don’t miss your chance to get in…because the sooner you do, the more upside you stand to grab.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Flywire Corporation (FLYW): Free Stock Analysis Report The Western Union Company (WU): Free Stock Analysis Report To read this article on Zacks.com click here.