International Money Express Expects Q2 Revenue Of $171.5M-$176.8M (Est $176.115M), Adjusted EPS Of $0.54-$0.58 (Est $0.56)
Portfolio Pulse from Benzinga Newsdesk
International Money Express (IMXI) forecasts Q2 revenue to be between $171.5M-$176.8M, slightly below the estimated $176.115M, and adjusted EPS to range from $0.54-$0.58, closely aligning with the estimated $0.56.
May 08, 2024 | 12:00 pm
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International Money Express projects its Q2 revenue to be slightly below estimates but its adjusted EPS closely aligns with expectations.
The slight miss in revenue forecast might concern some investors, but the alignment of EPS with estimates suggests operational efficiency and control over costs. This mixed signal could lead to a neutral short-term impact on IMXI's stock price, as the market digests both the slight revenue miss and the on-target EPS.
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