DLocal Q1 2024 GAAP EPS $0.06 Misses $0.12 Estimate, Sales $184.00M Miss $189.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
DLocal reported Q1 2024 earnings of $0.06 per share, missing the consensus estimate of $0.12. Sales were $184M, below the expected $189.98M but marked a 34.03% increase from the previous year.
May 14, 2024 | 8:08 pm
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DLocal's Q1 2024 earnings and sales missed analyst estimates, with EPS at $0.06 against a $0.12 forecast and sales at $184M vs. $189.98M expected. Despite this, the company saw a significant year-over-year sales increase of 34.03%.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term. However, the significant year-over-year sales growth may mitigate some negative perceptions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100