International Money Express (IMXI) Set to Announce Quarterly Earnings on Friday

International Money Express (NASDAQ:IMXI) is scheduled to issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

International Money Express (NASDAQ:IMXI) last issued its earnings results on Wednesday, August 7th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). International Money Express had a return on equity of 43.97% and a net margin of 8.78%. The business had revenue of $171.53 million for the quarter, compared to analyst estimates of $174.89 million. During the same period in the previous year, the firm posted $0.46 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. On average, analysts expect International Money Express to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

International Money Express Trading Up 2.7 %

IMXI opened at $17.97 on Wednesday. The company’s 50 day moving average price is $18.00 and its two-hundred day moving average price is $19.42. International Money Express has a fifty-two week low of $16.17 and a fifty-two week high of $23.28. The firm has a market capitalization of $586.00 million, a price-to-earnings ratio of 10.76 and a beta of 0.82. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.88 and a quick ratio of 1.88.

Analyst Ratings Changes

IMXI has been the topic of a number of recent research reports. BTIG Research reiterated a “neutral” rating on shares of International Money Express in a report on Wednesday, August 7th. Northland Securities dropped their price objective on shares of International Money Express from $24.00 to $23.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Monness Crespi & Hardt reduced their price objective on shares of International Money Express from $30.00 to $28.00 and set a “buy” rating for the company in a report on Monday. Needham & Company LLC lowered their target price on shares of International Money Express from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Oppenheimer began coverage on International Money Express in a research note on Tuesday, October 1st. They set a “market perform” rating for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, International Money Express has an average rating of “Moderate Buy” and an average target price of $25.60.

About International Money Express

International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.