- XP Inc.’s adjusted net income for the third quarter was R$1.33 billion, surpassing the estimate of R$1.32 billion.
- The company’s gross revenue reached R$4.9 billion, marking an 8% year-over-year increase, though it fell short of the R$4.95 billion estimate.
- Retail revenue amounted to R$3.7 billion, reflecting a 5.9% rise compared to the same period last year, but was below the projected R$3.77 billion.
A look at XP Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
XP Inc, an investment management company based in Brazil, is positioned for promising long-term growth according to Smartkarma’s Smart Scores. With solid scores in Growth, Resilience, and Momentum, XP demonstrates strong potential for expansion and adaptability in the market. Although the Value and Dividend scores are moderate, the company’s emphasis on growth indicates a focus on future profitability and development.
XP Inc’s balanced Smart Scores suggest a company that is actively seeking opportunities for growth while maintaining resilience and momentum in its operations. As a provider of various financial products and services, including fixed income, equities, and wealth management, XP’s diversified offerings contribute to its favorable outlook. Investors keen on a company with a solid growth trajectory and consistent performance may find XP Inc to be a compelling choice for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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