XP Third Quarter 2024 Earnings: Revenues Disappoint

Simply Wall St.11-21 19:01

XP (NASDAQ:XP) Third Quarter 2024 ResultsKey Financial Results Revenue: R$4.12b (up 3.1% from 3Q 2023). Net income: R$1.19b (up 9.3% from 3Q 2023). Profit margin: 29% (up from 27% in 3Q 2023). EPS: R$...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485492011?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/7132000-choice1-main-header/1585186724276","is_english":true,"pubTime":"2024-11-21 19:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485492011","market":"hk","top_or_hot":-1,"title":"XP Third Quarter 2024 Earnings: Revenues Disappoint","media":"Simply Wall St.","content":"<div>\n<p>XP (NASDAQ:XP) Third Quarter 2024 ResultsKey Financial Results Revenue: R$4.12b (up 3.1% from 3Q 2023). Net income: R$1.19b (up 9.3% from 3Q 2023). Profit margin: 29% (up from 27% in 3Q 2023). EPS: R$...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-xp/xp/news/xp-third-quarter-2024-earnings-revenues-disappoint\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XP Third Quarter 2024 Earnings: Revenues Disappoint</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXP Third Quarter 2024 Earnings: Revenues Disappoint\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 19:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/diversified-financials/nasdaq-xp/xp/news/xp-third-quarter-2024-earnings-revenues-disappoint><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XP (NASDAQ:XP) Third Quarter 2024 ResultsKey Financial Results Revenue: R$4.12b (up 3.1% from 3Q 2023). Net income: R$1.19b (up 9.3% from 3Q 2023). Profit margin: 29% (up from 27% in 3Q 2023). EPS: R$...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-xp/xp/news/xp-third-quarter-2024-earnings-revenues-disappoint\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XP","symbol_name":"XP Inc.","start_time":0,"source_url":"https://simplywall.st/stocks/us/diversified-financials/nasdaq-xp/xp/news/xp-third-quarter-2024-earnings-revenues-disappoint","article_id":"2485492011","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/7132000-choice1-main-header/1585186724276"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485492011","pubTimestamp":1732186895,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"XP ( NASDAQ:XP ) Third Quarter 2024 Results Key Financial Results Revenue: R$4.12b (up 3.1% from 3Q 2023). Net income...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"XP":"XP Inc."},"translate_title":"XP 2024年第三季度收益：收入令人失望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XP":1},"content_text":"XP (NASDAQ:XP) Third Quarter 2024 ResultsKey Financial Results Revenue: R$4.12b (up 3.1% from 3Q 2023). Net income: R$1.19b (up 9.3% from 3Q 2023). Profit margin: 29% (up from 27% in 3Q 2023). EPS: R$2.22 (up from R$1.99 in 3Q 2023).  NasdaqGS:XP Earnings and Revenue Growth November 21st 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period XP Revenues Disappoint  Revenue missed analyst estimates by 1.3%.  Earnings per share (EPS) was mostly in line with analyst estimates.      Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US.    Performance of the American Capital Markets industry.  The company's shares are down 6.7% from a week ago.   Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet.  We've done some analysis and you can see our take on XP's balance sheet. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485492011"}