DESP Earnings

DESP reported its FY2024Q2 earnings on 2024-08-15, showcasing a revenue of 185.00M against an estimate of 183.00M, resulting in a 0.87% surprise. The EPS was 0.27, surpassing the expected 0.09 by 200% . The stock experienced a -6.2% price change on the earnings day and a 0.64% change over the next five days, reflecting market reactions to the results.

Following DESP's FY2024Q2 earnings announcement on 2024-08-15, the stock price moved by -6.20% on the day of the release. Over the subsequent five days, it saw a 0.64% change. Historically, DESP's stock price tends to shift by an average of -0.73% in the 10 days leading up to earnings and +5.86% in the 10 days following, providing insight into potential market.

For 2025/Q1, analysts estimate DESP’s annual revenue to reach 179.00M, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between DESP's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2025 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, DESP's stock price typically moves by -0.73% in the 10 days before its earnings and +5.86% in the 10 days after. For the upcoming 2025/Q1 earnings, analysts expect an EPS of 0.00 and revenue of 179.00M.

The earnings call summary indicates strong financial performance with a record gross margin and significant adjusted net income growth. The strategic partnership with Expedia and positive trends in Argentina are promising. Despite FX headwinds and lowered revenue guidance, the raised EBITDA guidance and strong cash position are positive indicators. The Q&A suggests analysts are cautiously optimistic, with concerns about FX impacts and sustainability of take rates. Overall, the strong earnings, strategic partnerships, and optimistic guidance outweigh the negatives, suggesting a positive stock price movement.