Streetbeat News

DLO

DLocal Limited

https://www.dlocal.com

Industry

Software - Infrastructure

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay.

Open

10.30

Mkt cap

2.8B

Volume

2.3M

High

10.35

P/E Ratio

22.48

52-wk high

19.45

Low

9.61

Div yield

N/A

52-wk low

6.58

Trading of shares for DLocal has resumed.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 8:00 pm

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 $161.10 million, beating the analyst consensus estimate of $151.18 million by 6.56%, a 59.22% increase from the same period last year.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 7:59 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 7:58 pm

Shares of DLocal (DLO) were halted on a circuit breaker to the upside, with the stock up by 15%.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 7:56 pm

According to Bloomberg, DLocal, a cross-border payment platform, is exploring a potential sale. No further details were provided.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 7:36 pm

DLocal (NASDAQ:DLO) is set to release its latest quarterly earnings report on August 15, 2023. Analysts estimate an earnings per share (EPS) of $0.13. The company's past performance shows a mixed trend of earnings beats and misses, with the last quarter's EPS matching the estimate. The share price has seen a 1.43% increase after the last earnings release, but overall, the stock is down 57.78% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 3:01 pm

B of A Securities analyst Jason Kupferberg has downgraded DLocal (NASDAQ:DLO) from Buy to Neutral and set a price target of $16.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 12:53 pm

Over the last quarter, DLocal (NASDAQ:DLO) has received mixed analyst ratings, with one each for bullish, somewhat bullish, indifferent, and somewhat bearish. The company's average 12-month price target is $15.12, a 0.8% increase from the previous average of $15.00.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 1:00 pm

DLocal shares are trading higher following the appointment of Sergio Fogel as Co-President and Chief Strategy Officer, and the completion of share purchases by key shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 5:05 pm

DLocal has appointed Sergio Fogel as Co-President and Chief Strategy Officer. Key shareholders, including General Atlantic, Sergio Fogel, Andres Bzurovski, and Eduardo Azar, have purchased an aggregate amount of about $160 million of DLO's common shares.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 8:04 pm

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