Currency Exchange International (TSE:CXI) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$24.0m (up 2.7% from 3Q 2023).
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Net income: US$3.94m (down 3.0% from 3Q 2023).
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Profit margin: 16% (in line with 3Q 2023).
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EPS: US$0.61 (down from US$0.63 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Currency Exchange International EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Finance industry in North America.
Performance of the market in Canada.
The company’s share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we’ve spotted 1 warning sign for Currency Exchange International you should know about.
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