Zacks Investment Research
XP Inc.A (XP) Soars 30.9%: Is Further Upside Left in the Stock?
XP Inc.A shares jumped 30.9% in the last trading session, driven by strength in its investment platform, distribution network, and optimism following Brazil's presidential election outcome. The company is expected to report quarterly earnings of $0.53 per share (+17.8% YoY) with revenues of $962.49 million (+12.5% YoY). However, unchanged earnings estimate revisions over the past 30 days suggest caution about sustained momentum.
