International Money Express, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

The investors in International Money Express, Inc.'s (NASDAQ:IMXI) will be rubbing their hands together with glee today, after the share price leapt 21% to US$21.75 in the week following its quarterly results. International Money Express reported US$172m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$0.53 beat expectations, being 6.0% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for International Money Express

Following the latest results, International Money Express' eight analysts are now forecasting revenues of US$684.4m in 2025. This would be an okay 2.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 5.1% to US$2.06. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$699.4m and earnings per share (EPS) of US$2.10 in 2025. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

The consensus price target rose 11% to US$26.40, with the analysts apparently satisfied with the business performance despite lower revenue forecasts. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values International Money Express at US$30.00 per share, while the most bearish prices it at US$22.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the International Money Express' past performance and to peers in the same industry. We would highlight that International Money Express' revenue growth is expected to slow, with the forecast 2.2% annualised growth rate until the end of 2025 being well below the historical 17% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.0% per year. Factoring in the forecast slowdown in growth, it seems obvious that International Money Express is also expected to grow slower than other industry participants.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Still, earnings are more important to the intrinsic value of the business. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for International Money Express going out to 2026, and you can see them free on our platform here.

You can also see our analysis of International Money Express' Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.