Core Viewpoint - XP Inc.A (XP) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][3]. Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism, which is expected to positively impact the stock price [2]. - For the current quarter, the earnings estimate is $0.38 per share, indicating a +2.7% change from the previous year, with a 9.09% increase in the Zacks Consensus Estimate over the last 30 days [4]. - For the full year, the earnings estimate stands at $1.62 per share, representing a +5.19% change from the year-ago figure, with a 7.35% increase in the consensus estimate due to two upward revisions [5]. Zacks Rank - XP Inc.A currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with outperformance [3][6]. - Stocks with Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [6]. Stock Performance - The stock has appreciated by 5.8% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [7].
Can XP Inc.A (XP) Run Higher on Rising Earnings Estimates?