Will DLocal (DLO) Gain on Rising Earnings Estimates?

Core Viewpoint - DLocal (DLO) shows a promising earnings outlook, with analysts raising their earnings estimates, which may positively impact the stock price [1][2]. Earnings Estimate Revisions - Current-quarter earnings are projected at $0.14 per share, reflecting no year-over-year change, with a 21.74% increase in the Zacks Consensus Estimate over the last 30 days due to one upward revision [4]. - For the full year, the earnings estimate stands at $0.47 per share, indicating an 18.97% decrease from the previous year, but there has been a 12.8% increase in the consensus estimate due to two upward revisions [5]. Zacks Rank and Performance - DLocal has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts on positive earnings revisions, which historically correlates with stock performance [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500 [6]. Stock Performance - DLocal's stock has gained 19.7% over the past four weeks, driven by solid estimate revisions, suggesting potential for further growth [7].