International Money Express Sees Q3 Revenues Of $170.6M-$175.8M Vs. $180.9M Estimate; Sees Adjusted EPS Of $0.57-$0.62 Vs. $0.61 Estimate
Portfolio Pulse from Benzinga Newsdesk
International Money Express (IMXI) has released its Q3 revenue forecast, expecting between $170.6 million and $175.8 million, which is below the $180.9 million estimate. The company also projects adjusted EPS to be between $0.57 and $0.62, compared to the $0.61 estimate.
August 07, 2024 | 11:49 am
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International Money Express (IMXI) has provided a Q3 revenue forecast of $170.6M-$175.8M, which is below the $180.9M estimate. The company also expects adjusted EPS to be between $0.57 and $0.62, compared to the $0.61 estimate.
The revenue forecast is below market expectations, which is likely to negatively impact the stock price in the short term. The adjusted EPS range is close to the estimate but does not offset the lower revenue forecast.
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