Non-IFRS Financial Measures and Reconciliations As of August 31, 2023, income statement figures were divided by the average FX Rate of the month (R$ 4.9080, MXN 16.9940 and COP 4,073.3230 to US$ 1.00) and balance sheet figures were divided by the last price FX Rate of the month (R$ 4.9550, MXN 17.0378 and COP 4,092.1200 to US$ 1.00). As of September 30, 2023, income statement figures were divided by the average FX Rate of the month (R$ 4.9446, MXN 17.3155 and COP 4,005.5595 to US$ 1.00) and balance sheet fi ...

Nu Holdings Ltd. (NU)  is scheduled to release its fourth-quarter 2023 results on Feb 22, after the bell.The company has had an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in all the past four quarters, delivering a surprise of 125% on average.Expectations This Time AroundThe Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $2.39 billion, indicating 64.8% growth from the year-ago quarter. The top line is likely to have benefited f ...

Nu Holdings (NU -0.96%) is a fast-growing company bringing banking to underserved regions in Latin America. The company dominates the Brazilian banking market and has a considerable growth opportunity across the region to serve the underbanked or unbanked populations.Nu is demonstrating impressive growth but tends to fly under the radar since it is an international company many U.S. investors may not be familiar with. The stock has taken investors on a roller-coaster ride since its 2021 initial public offer ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Nu Holdings Ltd. (NU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Nu Holdings Ltd. currently has an av ...

Nu Holdings (NU 2.59%) stock performed exceptionally well last year. After some post-initial public offering (IPO) struggles, share prices for the Brazil-based digital banking platform zoomed from $3.50 to nearly $9 in 2023. With an innovative business model focused on rapid-growth geographies, this is one growth stock no investor should ignore.Banking on crypto and moreAt first glance, Nu is a bank stock, but the truth is far more exciting than that.Well-known venture capital firm Sequoia Capital has backe ...

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company.“I think that will happen eventually,” CEO David Vélez told the Financial Times (FT) Tuesday (Feb. 6), referring to the company’s ambitions to lead its industry in terms of customer numbers.“We’re now in the top five,” he said. “We see a path towards becoming the leading financial institution in Latin America and one of the leading financial institutions in the world over a number of decades.”His ...

In the latest trading session, Nu Holdings Ltd. (NU) closed at $9.27, marking a -1.07% move from the previous day. This change lagged the S&P 500's 0.32% loss on the day. Meanwhile, the Dow lost 0.71%, and the Nasdaq, a tech-heavy index, lost 0.2%.Shares of the company have appreciated by 9.33% over the course of the past month, outperforming the Business Services sector's gain of 5% and the S&P 500's gain of 4.59%.Analysts and investors alike will be keeping a close eye on the performance of Nu Holdings Lt ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Nu Holdings Ltd. (NU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Nu Holdings Ltd. is a member of our Business Services group, which includes 313 di ...

In the latest market close, Nu Holdings Ltd. (NU) reached $9.37, with a -1.37% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.76%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.The company's shares have seen an increase of 14.05% over the last month, surpassing the Business Services sector's gain of 0.44% and the S&P 500's gain of 2.5%.The investment community will be closely monitoring the performance of N ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Phreesia, Inc. (PHR) : This healthcare SaaS provider has seen the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.Sandy Spring Bancorp, Inc. (SASR) : This bank holding company for Sandy Spring Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.3QCR Holdings, Inc. (QCRH) : This multi-bank holding company has seen the Zacks Consensus ...