DLocal Q2 EPS $0.15 Beats $0.13 Estimate, Sales $161.00M Beat $151.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
DLocal (NASDAQ:DLO) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.13 by 15.38%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $161.00 million, beating the analyst consensus estimate of $151.18 million by 6.50%. This is a 59.12% increase from the same period last year.
August 15, 2023 | 7:58 pm
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POSITIVE IMPACT
DLocal's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
DLocal's Q2 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The substantial YoY growth in earnings and sales further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100