DLocal (DLO) to Release Earnings on Wednesday

DLocal (NASDAQ:DLO) is set to issue its quarterly earnings data after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

DLocal (NASDAQ:DLO) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. DLocal had a return on equity of 34.35% and a net margin of 18.76%. The firm had revenue of $171.30 million during the quarter, compared to analysts’ expectations of $203.18 million. During the same quarter last year, the firm posted $0.15 earnings per share. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, analysts expect DLocal to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DLocal Trading Up 3.0 %

Shares of DLocal stock opened at $8.65 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.50 and a current ratio of 1.50. DLocal has a 52 week low of $6.57 and a 52 week high of $19.45. The stock has a 50 day moving average price of $8.61 and a two-hundred day moving average price of $8.88. The stock has a market capitalization of $2.56 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 3.89 and a beta of 0.74.

Analyst Ratings Changes

DLO has been the subject of a number of research reports. Barclays reduced their price objective on DLocal from $14.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Susquehanna decreased their price target on DLocal from $21.00 to $14.00 and set a “positive” rating for the company in a report on Thursday, August 15th. Finally, Bank of America upped their price objective on DLocal from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, August 15th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, DLocal has a consensus rating of “Hold” and a consensus price target of $12.50.

DLocal Company Profile

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.