Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of XP Inc. due to allegations of misleading business information [1] Group 1: Legal Action and Investor Rights - Shareholders who purchased XP securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Allegations Against XP Inc. - A report by Grizzly Research claims that XP is running a Ponzi scheme, with profits misrepresented as proprietary trading profits [3] - Following the report, XP's stock price fell by 5.4% on March 12, 2025 [3] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors [4] - The firm was ranked No. 1 for securities class action settlements in 2017 and has recovered hundreds of millions for investors over the years [4]

Core Insights - The article emphasizes the importance of in-depth research and insights for informed investment decisions in the Latin American equity market [1]. Group 1 - The company has over 5 years of experience in equity analysis specifically focused on Latin America [1]. - The research provided aims to assist clients in making informed investment decisions [1].

Group 1 - XP Inc. reported Q4 2024 earnings, showing growth consistent with the broader Brazilian financial market [1] - The company is evolving to resemble a bank operation, emphasizing advisory and financial planning services [1] - The investment strategy focuses on long-only investments, evaluating companies from an operational and buy-and-hold perspective [1] Group 2 - Quipus Capital's approach does not prioritize market-driven dynamics or future price action, instead focusing on operational aspects and long-term earnings potential [1] - The majority of Quipus Capital's calls will be holds, reflecting a design choice to maintain a cautious stance in a bullish market [1]

XP Inc. (NASDAQ:XP) Q4 2024 Earnings Conference Call February 18, 2025 5:00 PM ET Company Participants Andre Parize - Head, IR Thiago Maffra - CEO Victor Mansur - CFO Conference Call Participants Thiago Batista - UBS Eduardo Rosman - BTG Guilherme Grespan - JPMorgan Gustavo Schroden - Citi Tito Labarta - Goldman Sachs Antonio Ruette - Bank of America Neha Agarwala - HSBC Marcelo Mizrahi - Bradesco BBI Daniel Vaz - Safra Renato Meloni - Autonomous Andre Parize Good evening, everyone. I'm Andre Parize, Invest ...

4Q24 Earnings Presentation Important Disclosure IN REVIEWING THE INFORMATION CONTAINED IN THIS PRESENTATION, YOU ARE AGREEING TO ABIDE BY THE TERMS OF THIS DISCLAIMER. THIS INFORMATION IS BEING MADE AVAILABLE TO EACH RECIPIENT SOLELY FOR ITS INFORMATION AND IS SUBJECT TO AMENDMENT. This presentation is prepared by XP Inc. (the "Company," "we" or "our"), is solely for informational purposes. This presentation does not constitute a prospectus and does not constitute an offer to sell or the solicitation of an ...

Group 1: Earnings Performance - XP Inc.A reported quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $1.39 per share, and down from $0.42 per share a year ago, representing an earnings surprise of -72.66% [1] - The company posted revenues of $767.81 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.85%, but down from year-ago revenues of $816.83 million [2] - Over the last four quarters, XP Inc.A has not been able to surpass consensus EPS estimates [2] Group 2: Stock Performance and Outlook - XP Inc.A shares have increased approximately 24.4% since the beginning of the year, compared to the S&P 500's gain of 4% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.37 on revenues of $739.94 million, and for the current fiscal year, it is $5.60 on revenues of $3.1 billion [7] Group 3: Industry Context - The Zacks Industry Rank for Financial - Miscellaneous Services is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] - The estimate revisions trend for XP Inc.A is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting it may underperform the market in the near future [6]

EXHIBIT 99.1 XP Inc. Reports Fourth Quarter 2024 Results São Paulo, Brazil, February 18, 2025 – XP Inc. (NASDAQ: XP) ("XP" or the "Company"), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the fourth quarter of 2024. To our shareholders, As we close out 2024, I want to begin this message by expressing my gratitude to all our clients, employees, and investors for the trust you have placed in XP Inc ...

Core Insights - The article emphasizes the importance of insightful analysis on foreign equities, particularly in emerging markets, to facilitate informed investment decisions [1]. Group 1 - The author has a beneficial long position in the shares of ITUB and BBD, indicating a personal investment interest in these companies [2]. - The analysis aims to provide a comprehensive understanding of market dynamics and investment opportunities within the context of emerging markets [1]. Group 2 - The article does not provide specific financial data or performance metrics related to the companies mentioned [3].

Financial Data and Key Metrics Changes - Gross revenues grew 17% year-over-year, reaching BRL13.3 billion for the nine months of 2024 [2] - EBT posted a 25% growth year-over-year, delivering BRL3.7 billion [2] - Net income reached BRL3.3 billion, expanding 17% year-over-year, with a record high of almost BRL1.2 billion in the quarter at a 27.5% margin [2][46] - ROTE increased to 28.4%, up 258 basis points year-over-year [3][53] - EPS reached BRL2.18 per share, marking an 11% increase year-over-year [53] Business Line Data and Key Metrics Changes - Retail revenue posted BRL3,494 million, a 15% growth in nine months 2024, and 10% growth year-over-year [36] - Fixed income revenue saw a 56% growth in nine months 2024 against nine months 2023, and 31% growth year-over-year [36] - Corporate and issuer services revenue reached BRL552 million in the quarter, representing a 58% growth in nine months 2024 [38] - Corporate securities achieved BRL23 billion, a 79% growth year-over-year [26] Market Data and Key Metrics Changes - The company reached BRL31 billion in net new money for the quarter, representing a 124% growth year-over-year [8] - The retail segment contributed BRL25 billion of the net new money, indicating strong performance in retail investments [9] - The company maintained a 50% market share in secondary trading, positioning itself as the market leader [25] Company Strategy and Development Direction - The company aims to become a leader in investments, focusing on retail and private banking segments [8][14] - Transitioning from a product distribution firm to a service provider is key for differentiation in the market [14] - The strategy includes enhancing the product platform, expanding the sales force, and improving service offerings [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting the 2026 guidance, citing strong execution and growth levers [5][55] - The company anticipates continued strong demand for fixed-income products and a robust DCM pipeline [88] - Management highlighted the importance of capital discipline and efficient operations to maintain competitive advantage [5][48] Other Important Information - The company announced an additional BRL3 billion for dividends and share buybacks, aiming for a payout ratio above 50% until 2026 [4][52] - The efficiency ratio reached a record low of 35%, indicating improved operational efficiency [42] Q&A Session Summary Question: Increase in advisors and profitability guidance - Management confirmed that 300 out of 400 new hires were B2C advisors, with regulatory changes affecting total advisor counts [62] - Long-term profitability is expected to be in the mid-to-high 20s for ROE [64] Question: Capital allocation and RWA growth - Management indicated operational leverage in RWA numbers, with expectations of 50% or more payout in the next two years [70] Question: Orders decrease and one-off events - A one-off event related to bond tendering affected the other revenue line, but average levels are expected to return [75] Question: Fixed-income revenue growth sustainability - Management expects continued strong performance in fixed-income due to high demand and a robust pipeline [88] Question: Competition from large banks - Management acknowledged increased competition but emphasized the company's unique value proposition and strong client satisfaction [126]