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XP (XP)
NASDAQ:XP
Holding XP?
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Earnings Data
Report Date
Mar 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.36Last Year’s EPS
0.34Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 12, 2020
|% Change Since: -24.45%
|Next Earnings Date:Mar 17, 2020
Earnings Call Sentiment|Positive
The earnings call reflected positive financial results with record net income and robust revenue growth in retail and fixed income segments. However, the company faces challenges with a flat credit book and increased competition from incumbent banks. Overall, the positive highlights significantly outweigh the lowlights.Company Guidance
During the third quarter of 2024 earnings call, XP Inc. provided several key metrics and strategic insights. The company's client assets reached BRL 1.21 trillion, marking a 12% year-over-year increase, while the number of advisers grew by 9% to 18,400. XP's client base expanded to 4.7 million, a 6% year-over-year rise. Gross revenues for the first nine months of 2024 grew by 17% to BRL 13.3 billion, with EBT showing a 25% year-over-year increase to BRL 3.7 billion. Net income reached BRL 3.3 billion, up 17%, and was the highest ever at almost BRL 1.2 billion for the quarter with a 27.5% margin. The company's ROT improved to 28.4%, and the EPS was at an all-time high of BRL 2.18 per share. XP also announced an extra payout of BRL 3 billion and aims for a BIS ratio between 16% and 19% with a planned payout of over 50% until 2026. The company remains confident in meeting its 2026 guidance, driven by disciplined capital allocation and strategic growth levers.Strong Financial Performance
XP reported a 12% increase in client assets year-over-year, reaching BRL 1.21 trillion. Gross revenues for the first nine months of 2024 grew 17% year-over-year to BRL 13.3 billion, with EBT growth of 25% year-over-year.
Record Net Income
Net income reached a record BRL 3.3 billion, a 17% increase year-over-year, with BRL 1.2 billion in the third quarter alone, achieving a net margin of 27.5%.
Retail Revenue Growth
Retail revenue grew by 15% for the first nine months of 2024 and by 10% year-over-year, driven by a 56% growth in fixed income.
Efficient Capital Management
XP achieved an ROT of 28.4%, up 258 bps year-over-year, and announced an additional payout of BRL 3 billion in dividends and share buybacks.
Record Efficiency Ratio
Achieved a record efficiency ratio of 35%, marking the lowest since IPO.
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XP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $15.87 | $14.91 | -6.05% |
| Aug 13, 2024 | $17.55 | $18.63 | +6.15% |
| May 21, 2024 | $20.41 | $17.12 | -16.12% |
| Feb 27, 2024 | $23.42 | $22.57 | -3.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does XP (XP) report earnings?
XP (XP) is schdueled to report earning on Mar 25, 2025, TBA Not Confirmed.
What is XP (XP) earnings time?
XP (XP) earnings time is at Mar 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XP EPS forecast?
XP EPS forecast for the fiscal quarter 2024 (Q4) is 0.36.
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