Examining the Future: IntL Money Express's Earnings Outlook

IntL Money Express (NASDAQ:IMXI) will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate IntL Money Express to report an earnings per share (EPS) of $0.58.

Anticipation surrounds IntL Money Express's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

The company's EPS missed by $0.02 in the last quarter, leading to a 0.57% drop in the share price on the following day.

Here's a look at IntL Money Express's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.57

0.40

0.52

0.50

EPS Actual

0.55

0.43

0.56

0.51

Price Change %

-1.0%

5.0%

-2.0%

4.0%

Stock Performance

Shares of IntL Money Express were trading at $18.39 as of November 06. Over the last 52-week period, shares are down 7.09%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Analyst Insights on IntL Money Express

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on IntL Money Express.

With 1 analyst ratings, IntL Money Express has a consensus rating of Buy. The average one-year price target is $28.0, indicating a potential ...