International Money Express Inc. (NASDAQ:IMXI ) Q4 2024 Earnings Conference Call February 26, 2025 9:00 AM ET Company Participants Alex Sadowski - Investor Relations Coordinator Bob Lisy - Chairman, Chief Executive Officer and President Andras Bende - Chief Financial Officer Chris Hunt - Chief Operating Officer Conference Call Participants Gus Gala - MCH & Company David Scharf - Citizens Mike Grondahl - Northland Chris Zhang - UBS Operator Hello, and welcome to the International Money Express Inc. Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for International Money Express (IMXI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
International Money Express (IMXI) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.51 per share a year ago.
Company continues to generate strong earnings and margins, announces process to assess strategic alternatives Company continues to generate strong earnings and margins, announces process to assess strategic alternatives
International Money Express (IMXI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
IMXI's revenue is expected to increase due to technological improvements that have made transactions quicker for both digital and retail customers.
At Zacks, we prioritize the Zacks Rank system that highlights earnings estimates and revisions to identify strong stocks. However, we also keep an eye on current value, growth, and momentum trends to support our top picks.
The March jobs report came in hotter than anticipated, leading some to believe that the dollar may have depreciated due to inflation, potentially affecting the performance of lesser-known stocks. Inflation remains persistently high.
International Money Express (IMXI) ended the most recent trading day at $22.34, showing a decrease of 1.37% compared to the previous day's closing price.
KFY, RCL and IMXI made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 27, 2023.