International Money Express (IMXI) to Release Quarterly Earnings on Tuesday

International Money Express (NASDAQ:IMXI) is set to issue its quarterly earnings data after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

International Money Express (NASDAQ:IMXI) last issued its quarterly earnings data on Tuesday, March 12th. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.03). The firm had revenue of $75.06 million during the quarter, compared to analysts’ expectations of $71.15 million. On average, analysts expect International Money Express to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IMXI opened at $12.03 on Monday. The company has a market capitalization of $435.25 million and a PE ratio of -240.60. The company has a debt-to-equity ratio of 2.55, a current ratio of 2.04 and a quick ratio of 2.04. International Money Express has a 52 week low of $9.06 and a 52 week high of $13.38.



A number of research firms have recently commented on IMXI. Zacks Investment Research cut International Money Express from a “buy” rating to a “hold” rating in a research note on Saturday, March 16th. Cantor Fitzgerald restated a “buy” rating and issued a $14.00 target price on shares of International Money Express in a research note on Wednesday, March 13th. Finally, Craig Hallum began coverage on International Money Express in a research note on Monday, February 4th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. International Money Express currently has a consensus rating of “Buy” and a consensus target price of $14.33.

An institutional investor recently raised its position in International Money Express stock. Geode Capital Management LLC increased its position in International Money Express Inc (NASDAQ:IMXI) by 174.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 71,914 shares of the company’s stock after purchasing an additional 45,667 shares during the quarter. Geode Capital Management LLC owned approximately 0.20% of International Money Express worth $860,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 29.32% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Dakota Financial News and is the sole property of of Dakota Financial News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://dakotafinancialnews.com/2019/05/13/international-money-express-imxi-to-release-quarterly-earnings-on-tuesday.html.

International Money Express Company Profile

International Money Express, Inc, through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Central and South America, and the Caribbean. The company offers remittance services, including a suite of ancillary financial processing solutions and payment services.

Featured Article: What strategies should day traders use to execute a trade?

Receive News & Ratings for International Money Express Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Money Express and related companies with MarketBeat.com's FREE daily email newsletter.