DLocal: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
DLocal (NASDAQ:DLO) reported Q3 earnings with an EPS of $0.13, missing the estimate of $0.15 by 13.33%. However, revenue increased by $52.06 million compared to the same period last year. In the previous quarter, DLocal beat the EPS estimate which resulted in a 31.94% share price increase the following day.
November 21, 2023 | 9:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
DLocal's Q3 earnings miss may concern investors, but the significant year-over-year revenue growth could offset negative sentiment. Historical data shows a previous earnings beat led to a substantial stock price increase.
While the earnings miss is a negative signal, the substantial increase in revenue compared to the previous year suggests growth, which could be viewed positively by the market. The stock's reaction to past earnings performance, particularly the last quarter's positive response, indicates that investors may weigh the revenue growth more heavily than the earnings miss. However, the confidence in the score is not at the maximum due to the mixed signals of the earnings miss and revenue increase.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100