International Money Express Expects Q3 Revenue of $165.7M-$176.8M, Vs $175.86M Consensus
Portfolio Pulse from Benzinga Newsdesk
International Money Express, Inc. (NASDAQ:IMXI) has projected its Q3 revenue to be between $165.7M and $176.8M, which is lower than the consensus estimate of $175.86M. The company also expects its adjusted diluted EPS to be between $0.49 and $0.52, lower than the consensus estimate of $0.55.

August 04, 2023 | 10:49 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
International Money Express's lower than expected Q3 revenue and EPS projections may negatively impact its stock price.
Companies that project lower than expected earnings or revenue often see a negative impact on their stock price as investors may interpret this as a sign of poor performance or future uncertainty. In this case, International Money Express's lower than expected Q3 revenue and EPS projections may lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100