XP Inc.'s stock experienced a significant after-hours plunge of 5.94% on Monday, following the release of its first-quarter 2026 financial results.
The sharp decline came after the company reported quarterly earnings that fell short of analyst expectations. XP posted earnings of $0.47 per share, missing the consensus estimate of $0.48 by 2.08%. Furthermore, the company's quarterly sales of $898.872 million missed the $952.600 million estimate by 5.64%.
Additional financial metrics also showed a shortfall compared to market expectations. The company's adjusted net income of 1.3 billion reais came in below the estimated 1.4 billion reais, while net revenue of 4.7 billion reais missed the 4.9 billion reais estimate.
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