International Money Express, Inc. (NASDAQ:IMXI) is reporting third quarter financial results on Wednesday 4th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, IMXI is expected to report 3Q20 income of $ 0.25 per share from revenue of $ 92.60 million.
For the full year, analysts anticipate top line of $ 346.74 million, while looking forward to income of $ 0.91 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 340.00 million ~ $ 355.00 million
Click Here For More Historical Outlooks Of International Money Express, Inc.
Previous Quarter Performance
International Money Express, Inc. announced income for the second quarter of $ 0.28 per share, from the revenue of $ 85.06 million. The quarterly earnings swell 47.37 percent compared with the same quarter last year. According to street consensus, IMXI was expected to report 2Q20 income of $ 0.15 per share from revenue of $ 76.45 million. The bottom line results beat street analysts by $ 0.13 or 86.67 percent, at the same time, top line results outshined analysts by $ 8.61 million or 11.26 percent.
Stock Performance
Shares of International Money Express, Inc. traded up $ 1.01 or 7.19 percent on Tuesday, reaching $ 15.06 with volume of 361.40 thousand shares. International Money Express, Inc. has traded high as $ 15.13 and has cracked $ 14.05 on the downward trend
According to the previous trading day, closing price of $ 15.06, representing a 117.49 % increase from the 52 week low of $ 6.46 and a 24.83 % decrease over the 52 week high of $ 18.69.
The company has a market capital of $ 573.17 million and is part of the Industrials sector and Business Services industry.
Conference Call
International Money Express, Inc. will be hosting a conference call at 8:30 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.intermexonline.com
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. It provides services through sending and paying agents and company-operated stores, as well as through online and Internet-enabled mobile devices.
