International Money Express Reiterates FY24 Guidance For Revenue Of $681M-$701.8M (Est $691.256M), Adjusted EPS Of $2.13 - $2.31 (Est $2.20)
Portfolio Pulse from Benzinga Newsdesk
International Money Express (IMXI) has reaffirmed its fiscal year 2024 guidance, projecting revenues of $681M-$701.8M and adjusted EPS of $2.13-$2.31, aligning closely with analyst estimates of $691.256M in revenue and $2.20 EPS.
May 08, 2024 | 12:03 pm
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POSITIVE IMPACT
International Money Express has confirmed its FY24 financial outlook, with revenue and EPS estimates closely matching analyst predictions.
Reiterating guidance that aligns with analyst expectations generally instills confidence in investors about the company's stability and future performance. This announcement is likely to have a positive impact on IMXI's stock price in the short term as it reassures investors of the company's financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100