DLocal (DLO) Scheduled to Post Quarterly Earnings on Tuesday

DLocal (NASDAQ:DLO) is set to issue its quarterly earnings data after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

DLocal (NASDAQ:DLO) last released its quarterly earnings data on Monday, March 18th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.01). DLocal had a return on equity of 40.57% and a net margin of 22.92%. The company had revenue of $188.01 million for the quarter, compared to the consensus estimate of $169.85 million. On average, analysts expect DLocal to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DLocal Stock Performance

Shares of DLocal stock opened at $14.05 on Tuesday. The business has a 50-day simple moving average of $15.77 and a 200 day simple moving average of $16.80. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 28.67, a PEG ratio of 0.94 and a beta of 0.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.63 and a quick ratio of 1.63. DLocal has a one year low of $9.04 and a one year high of $24.22.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DLO shares. Citigroup assumed coverage on DLocal in a report on Friday, April 19th. They issued a “neutral” rating and a $17.00 target price on the stock. New Street Research upgraded DLocal from a “neutral” rating to a “buy” rating and lifted their price target for the company from $18.00 to $24.00 in a research note on Tuesday, January 9th. Susquehanna dropped their target price on DLocal from $24.00 to $21.00 and set a “positive” rating on the stock in a report on Tuesday, March 19th. JPMorgan Chase & Co. lowered their price target on DLocal from $17.50 to $17.00 and set a “neutral” rating for the company in a research report on Monday, April 1st. Finally, The Goldman Sachs Group lowered their target price on shares of DLocal from $21.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, March 20th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $18.38.

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.