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Here's What Key Metrics Tell Us About International Money Express (IMXI) Q1 Earnings
ZACKSยท 2025-05-07 14:35
Core Viewpoint - International Money Express (IMXI) reported a decline in revenue and earnings per share (EPS) for the quarter ended March 2025, missing both revenue and EPS estimates [1][3]. Financial Performance - Revenue for the quarter was $144.31 million, down 4.1% year-over-year, and below the Zacks Consensus Estimate of $147 million, resulting in a surprise of -1.83% [1]. - EPS was reported at $0.35, a decrease from $0.43 in the same quarter last year, with an EPS surprise of -14.63% against the consensus estimate of $0.41 [1]. Key Metrics - Other income was reported at $3.96 million, exceeding the average estimate of $2.47 million by three analysts, reflecting a year-over-year increase of +26% [4]. - Foreign exchange gain, net, was $20.18 million, slightly below the average estimate of $21.20 million, showing a year-over-year decline of -0.8% [4]. - Revenue from wire transfer and money order fees, net, was $120.17 million, also below the average estimate of $125.87 million, representing a year-over-year decrease of -5.3% [4]. Stock Performance - Shares of International Money Express have returned +8.1% over the past month, compared to a +10.6% change in the Zacks S&P 500 composite [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3].