IntL Money Express Q1 2024 Adj EPS $0.43 Beats $0.40 Estimate, Sales $150.412M Miss $151.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
IntL Money Express (NASDAQ:IMXI) reported Q1 2024 adjusted EPS of $0.43, beating estimates by 7.5% but missed sales estimates with $150.412M versus the expected $151.950M. Year-over-year, EPS increased by 13.16% and sales by 3.47%.
May 08, 2024 | 11:49 am
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IntL Money Express reported a mixed Q1 2024 with EPS beating estimates but sales missing expectations, showing both growth and slight underperformance.
The beat on EPS estimates and the year-over-year growth in both earnings and sales suggest a positive outlook, potentially offsetting the slight miss on sales estimates. This mixed result could lead to neutral short-term price movement as investors weigh the positive earnings against the slight sales disappointment.
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