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What Awaits International Money Express (IMXI) in Q1 Earnings?

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International Money Express, Inc. (IMXI - Free Report) ) is scheduled to report first-quarter 2022 results on May 4, before market open.

Let's check out how things have shaped up for International Money Express prior to the announcement.

Q1 Expectations

The Zacks Consensus Estimate for International Money Express’ first-quarter 2022 revenues is pegged at $113.25 million, indicating growth of 19.7% from the year-ago quarter's reported figure. The uptick can be attributed to the increasing number of agents, and strength across net money transfer transactions and digital transactions. Growth across the company’s primary markets as well as its emerging geographies are expected to have acted as tailwinds.

Revenue growth is likely to have aided the company’s bottom line, the consensus estimate for which stands at 31 cents per share, implying year-over-year growth of 14.8%.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for International Money Express this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

International Money Express has an Earnings ESP of 0.00% and a Zacks Rank #3.

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on their first-quarter 2022 earnings:

Cross Country Healthcare (CCRN - Free Report) has an Earnings ESP of +1.67% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cross Country Healthcare has an expected earnings growth rate of 15.4% for the current year. The company has delivered a trailing four-quarter earnings surprise of 41.5%, on average.

Cross Country Healthcare’s shares have surged 62.6% in the past year. The company has a long-term earnings growth rate of 6.5%.

Opendoor Technologies (OPEN - Free Report) has an Earnings ESP of +29.69% and a Zacks Rank #2.

Opendoor Technologies has a long-term earnings growth of 5.2%.

Opendoor Technologies has delivered a trailing four-quarter earnings surprise of 75.54%, on average.

FLEETCOR has an Earnings ESP of +1.21% and a Zacks Rank #3.

FLEETCOR has an expected earnings growth rate of 17.3% for the current year. The company has delivered a trailing four-quarter earnings surprise of 4.1%, on average.

FLEETCOR has a long-term earnings growth of 16%.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

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