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

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.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 9:20 pm

dLocal shares dropped following a Q3 earnings report that missed expectations and a reaffirmation of FY23 revenue guidance that fell short of estimates.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:12 pm

Diego Cabrera Canay, CFO of dLocal Ltd (DLO), has announced his resignation to seek new opportunities. This executive change could influence the company's financial strategies and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm

DLocal reported Q3 earnings of $0.13 per share, missing the consensus estimate of $0.15, and sales of $163.92M, below the expected $168.51M. Despite the miss, earnings and sales increased by 30% and 46.54% respectively compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm

Numerous companies are scheduled to report their earnings on November 21, 2023, both before the opening bell and after the closing bell. The list includes a variety of sectors, with companies such as Golden Ocean Group, Burlington Stores, Analog Devices, Best Buy, Lowe's Companies, NVIDIA, and HP among others. The earnings reports will provide investors with insights into each company's financial health and performance for the respective quarters.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:12 pm

Susquehanna analyst James Friedman has reiterated a Positive rating on DLocal (NASDAQ:DLO) and maintained a $24 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 5:13 pm

DLocal (NASDAQ:DLO) is expected to release its quarterly earnings report on Tuesday, 2023-11-21, with an estimated EPS of $0.15. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, DLocal's stock price has been sensitive to earnings performance and guidance. Last quarter, DLocal beat the EPS estimate by $0.02, resulting in a 31.94% stock price increase the following day. Over the last 52 weeks, DLO shares have risen by 44.52%, with the stock trading at $18.87 as of November 17.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 2:01 pm

The article lists five financial stocks that are considered overbought and may be worth selling in September. These include MoneyLion Inc. (NYSE:ML), DLocal Limited (NASDAQ:DLO), Affirm Holdings, Inc. (NASDAQ:AFRM), Ryan Specialty Holdings, Inc. (NYSE:RYAN), and Payoneer Global Inc. (NASDAQ:PAYO). The Relative Strength Index (RSI) of these stocks is above 70, indicating they are overbought.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 11:22 am

Susquehanna analyst James Friedman has reiterated a positive rating on DLocal (NASDAQ:DLO) and maintained a price target of $24.

Portfolio Pulse from richadhand@benzinga.com

August 31, 2023 | 2:01 pm

Barclays analyst John Coffey maintains an Underweight rating on DLocal (NASDAQ:DLO) and raises the price target from $10 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 12:16 pm

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