Currency Exchange International Reports Q3 2024 Earnings: An EPS Overview

Friday, 13 September 2024, 03:40

Currency Exchange International’s Q3 2024 earnings reveal an EPS miss with US$0.61, down from US$0.63 in 3Q 2023. The net income stands at US$3.94m, reflecting a 3.0% decline from the previous year. While revenue met analyst expectations, the profit margin remained stable at 16%.
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Currency Exchange International Reports Q3 2024 Earnings: An EPS Overview

Currency Exchange International's Q3 2024 Financial Overview

In the latest earnings report, Currency Exchange International disclosed a net income of US$3.94 million for the third quarter of 2024, representing a 3.0% decline compared to Q3 2023 figures. With an earnings per share (EPS) of US$0.61, the company fell short of expectations as this marks a decrease from US$0.63 in the same quarter last year.

Revenue and Profit Margin Analysis

The company achieved a revenue that was consistent with analyst estimates, while maintaining a profit margin of 16%, identical to the results reported in Q3 2023. This stability indicates the company’s ability to manage costs effectively despite lower earnings.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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