I am changing my recommendation for XP Inc. stock from a sell to a hold because of better performance and good value, even in a tough economic environment. The company's net revenue rose by 11% year-over-year, mainly due to a 43% rise in fixed income transactions, which shows their strong operations. Additionally, XP has improved its operational efficiency, with significant increases in gross and EBT margins, achieving the best efficiency ratio in its history.
XP Inc. (NASDAQ:XP) will hold its Q4 2024 Earnings Conference Call on February 18, 2025, at 5:00 PM ET. The call will feature company representatives including CEO Thiago Maffra and CFO Victor Mansur, along with various participants from major financial institutions. Andre Parize, the Investor Relations Officer, will open the call and express his pleasure in joining the discussion.
XP Inc. (XP) reported quarterly earnings of $0.38 per share, which is lower than the Zacks Consensus Estimate of $1.39 per share. This is also a decrease from the earnings of $0.42 per share from the same period last year.
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) is a top technology-driven platform and a well-respected leader in offering affordable financial products and services in Brazil. Today, the company announced its financial results for the fourth quarter of 2024. As we wrap up the year, I want to thank our clients, employees, and investors for their continued trust in XP Inc.
In 2024, Brazil's overall economic situation worsened, with inflation and interest rates going up, which negatively affected Brazilian stocks, including XP Inc. The company's performance is closely linked to changes in interest rates, leading to major drops when rates rise, making it harder to draw in new investments. However, despite these economic difficulties, XP Inc. reported record net income and better efficiency, showing its ability to adapt and perform well.
We have just put together a list of the 10 global stocks that are currently oversold and worth buying. In this article, we will examine how XP Inc. (NASDAQ:XP) compares to the other oversold stocks. The saying, "There are decades where nothing happens, and there are weeks where decades happen," is a fitting way to begin this discussion.
We have just released a list of the 15 Best Beaten Down Stocks to Invest In. In this article, we will examine how XP Inc. (NASDAQ:XP) compares to the other top beaten down stocks. According to Charles Schwab, 2025 could present challenges for stocks due to unpredictable trade conditions.
XP Inc. (XP) reported quarterly earnings of $0.39 per share, which is below the Zacks Consensus Estimate of $0.40 per share. This is a decrease compared to earnings of $0.40 per share from the same period last year.
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (“XP” or “we”) (Nasdaq: XP) , a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced that on June 27, 2024 it priced an offering of US$500 million aggregate principal amount of 6.750% senior unsecured notes due 2029 (the "notes"). The notes will be guaranteed by XP Investimentos S.A. The transaction is expected to close on July 2, 2024, subject to the satisfaction of customary closing condi.
XP's share price is down nearly 15% since its Q1 earnings release, and down 30% since the beginning of this year. Falling interest rates in Brazil will be a tailwind for revenue growth in upcoming quarters. Shares are attractively valued, and management is returning capital to shareholders through share repurchases and dividends.