International Money Express Inc reports results for the quarter ended in March - Earnings Summary

• International Money Express Inc IMXI reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of 38 cents. The mean expectation of six analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 39 cents to 42 cents per share.

• Revenue rose 3.5% to $150.41 million from a year ago; analysts expected $151.95 million.

• International Money Express Inc's reported EPS for the quarter was 43 cents​.

• The company reported quarterly net income of $12.11 million.

• International Money Express Inc shares had fallen by 14.2% this quarter and lost 11.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for International Money Express Inc is $25.00

This summary was machine generated from LSEG data May 8 at 02:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)