DLocal Q2 2024 GAAP EPS $0.15 Beats $0.11 Estimate, Sales $171.00M Miss $207.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
DLocal reported Q2 2024 earnings per share of $0.15, surpassing the expected $0.11, but sales of $171 million fell short of the $207.14 million estimate. Sales increased by 6.12% compared to the same period last year.
August 29, 2024 | 12:14 pm
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NEUTRAL IMPACT
DLocal's Q2 2024 earnings per share exceeded expectations, but sales fell short of estimates. Despite the sales miss, there was a year-over-year increase in sales.
The positive EPS surprise is offset by the sales miss, leading to a neutral short-term impact. The year-over-year sales growth provides some positive context, but the significant sales miss may weigh on investor sentiment.
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