IntL Money Express Q2 Adj $0.55 Misses $0.57 Estimate, Sales $171.53M Miss $174.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
IntL Money Express (NASDAQ:IMXI) reported Q2 earnings of $0.55 per share, missing the analyst estimate of $0.57. Sales were $171.53M, below the $174.62M estimate. Despite the misses, earnings and sales increased year-over-year.
August 07, 2024 | 11:34 am
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IntL Money Express (IMXI) reported Q2 earnings of $0.55 per share, missing the analyst estimate of $0.57. Sales were $171.53M, below the $174.62M estimate. Despite the misses, earnings and sales increased year-over-year.
IMXI missed both earnings and sales estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year growth in both metrics may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100