DLocal (DLO) Set to Announce Quarterly 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

DLocal (NASDAQ:DLO) last posted its earnings results 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 net margin of 18.76% and a return on equity of 34.35%. The business had revenue of $171.30 million for the quarter, compared to the consensus estimate of $203.18 million. During the same quarter last year, the firm posted $0.15 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts expect DLocal to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DLocal Price Performance

Shares of DLO opened at $8.40 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.50 and a current ratio of 1.50. The company has a 50 day moving average price of $8.61 and a 200-day moving average price of $8.92. DLocal has a fifty-two week low of $6.57 and a fifty-two week high of $19.45. The stock has a market capitalization of $2.49 billion, a PE ratio of 19.09, a PEG ratio of 4.00 and a beta of 0.74.

Wall Street Analyst Weigh In

Several analysts have issued reports on DLO shares. Bank of America increased their target price on DLocal from $7.50 to $8.00 and gave the company a “neutral” rating in a research report on Thursday, August 15th. Barclays cut their target price on DLocal from $14.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. Finally, Susquehanna decreased their price target on shares of DLocal from $21.00 to $14.00 and set a “positive” rating for the company in a research report on Thursday, August 15th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.