DLocal Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

DLocal (NASDAQ:DLO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$185.8m (up 13% from 3Q 2023).
• Net income: US$26.8m (down 34% from 3Q 2023).
• Profit margin: 14% (down from 25% in 3Q 2023).
• EPS: US$0.09 (down from US$0.14 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

DLocal Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are up 22% from a week ago.

Risk Analysis

You still need to take note of risks, for example - DLocal has 2 warning signs we think you should be aware of.

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