earnings season

12 posts
STNE 1Q22 Earnings Preview public
LatAmCompanies 4 min read

STNE 1Q22 Earnings Preview

With Stone’s earnings approaching, we decided to share our earnings preview for Stone’s 1Q22. Okay, so what you should be looking for in the earnings release?…
Giro Lino
$NU 1Q22: The Purple Wave public
LatAmCompanies 7 min read

$NU 1Q22: The Purple Wave

Nubank reported a $45mn net loss vs. the company-provided consensus of a $77mn loss. Similar NPL rises to the incumbent consumer segment, but without payroll and mortgage to smooth the hit.…
Giro Lino
Food for Thought #16 public
FoodForThought 8 min read

Food for Thought #16

The week's most significant event was the FOMC decision to increase the Fed Funds Rate (“FFR”) by 50bps. Also, Powell said that 50bp increases in the FFR should be on the table at the next couple of meetings.…
Giro Lino
3R Petroleum 1Q22 public
DailyCrunch 3 min read

3R Petroleum 1Q22

Adjusted EBITDA for the quarter came at R$199mn (+150% YoY). After adjusting for a one-off of R$11mn (goodwill from Areia Branca), adj. Ebitda was R$209mn, a touch above our expectations.…
Giro Lino
Cielo 1Q22 public
DailyCrunch 3 min read

Cielo 1Q22

We were surprised by Cielo’s earnings, which was the 6th beat in a row to market consensus. In addition, Consolidated Net Income reached R$ 184.6mn in 1Q22 (+10% above Street), +35.9% YoY, due to excellent well cost control.…
Giro Lino
XP 2Q22 public
DailyCrunch 4 min read

XP 2Q22

XP reported weaker-than-expected 1Q22 results after the market close. A softer quarter was already expected after KPIs were published on Apr 13th, but the numbers were disappointing.…
Giro Lino
What Really Happened to AMZN? public
DailyCrunch 7 min read

What Really Happened to AMZN?

I spent roughly a dozen hours digging into AMZN’s reports, reading management’s and industry experts’ transcripts to figure out what happened to Amazon.…
Giro Lino
Food for Thought #15 public
FoodForThought 8 min read

Food for Thought #15

FOMC is Approaching; Uninspiring Earnings Season; Technical Doesn’t Help; Neither Does Amazon; Last Hope; Meanwhile in China; Politburo Highlights; Reiterating the View…
Giro Lino
The Last Stand public
DailyCrunch 3 min read

The Last Stand

Rising Covid-19 cases in China raised concerns about a global economic slowdown, but Blue Chip stocks reversed losses in afternoon…
Giro Lino
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