International Money Express Inc reports results for the quarter ended in March - Earnings Summary

International Money Express

08/05/2024 15:19

* International Money Express Inc  IMXI.OQ  reported
quarterly
adjusted earnings of 35 cents​​ per share for the quarter ended
in March, lower than the same quarter last year, when the
company reported EPS of 38 cents.  The mean expectation of
six analysts for the quarter was for earnings of 40 cents per
share. Wall Street expected results to range from 39 cents to 42
cents per share.
    * Revenue rose 3.5% to $150.41 million from a year ago;
analysts
expected $151.95 million. 
    * International Money Express Inc's reported EPS for the
quarter
was 43 cents​.
    * The company reported quarterly net income of $12.11
million.
    * International Money Express Inc shares had fallen by 14.2%
this
quarter and lost 11.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for International
Money Express Inc is $25.00 
This summary was machine generated from LSEG data May 8 at 02:19
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.40           0.35           Missed
 Dec. 31 2023      0.52           0.56           Beat
 Sep. 30 2023      0.49           0.51           Beat
 Jun. 30 2023      0.52           0.50           Missed