IntL Money Express Q4 Adj EPS $0.56 Beats $0.52 Estimate, Sales $171.78M Miss $175.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
IntL Money Express (IMXI) reported Q4 adjusted EPS of $0.56, surpassing the $0.52 estimate, marking a 21.74% year-over-year increase. However, its sales of $171.78M fell short of the $175.99M estimate, despite being an 11.23% increase from the previous year.
February 27, 2024 | 1:01 pm
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IntL Money Express reported a Q4 adjusted EPS of $0.56, beating estimates, with a 21.74% YOY increase. Sales were $171.78M, missing estimates but up 11.23% YOY.
While IMXI's EPS beat may positively impact investor sentiment, the miss on sales forecasts could temper enthusiasm. The mixed results suggest a neutral short-term impact on the stock price, as the earnings beat indicates operational efficiency and growth, but the sales miss may raise concerns about revenue growth sustainability.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100