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    XP   KYG982391099

XP INC.

(XP)
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XP Inc. to Announce Second Quarter 2021 Results and Host Webcast After Market Close on Tuesday, August 3, 2021

07/21/2021 | 04:16pm EDT

SÃO PAULO, Brazil, July 21, 2021 (GLOBE NEWSWIRE) -- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it will host a webcast to discuss its second quarter 2021 financial results on Tuesday, August 3, 2021 at 5:00pm ET (6:00pm BRT). A press release with the results will be issued after the market closes the same day.

To participate in the earnings webcast please subscribe at 2Q21 Earnings Web Meeting

The replay will be available on XP’s investor relations website at https://investors.xpinc.com/.

About XP
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP’s mission is to disintermediate the legacy models of traditional financial institutions by:

  • Educating new classes of investors;
  • Democratizing access to a wider range of financial services;
  • Developing new financial products and technology applications to empower clients; and
  • Providing high-quality customer service and client experience in the industry in Brazil.

XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," “aim,” "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc’s control. XP, Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.

For any questions, please contact:

André Martins
Antonio Guimarães
Marina Montemor                    
         
Investor Contact: ir@xpi.com.br
IR Website: investors.xpinc.com


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ę GlobeNewswire 2021
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Analyst Recommendations on XP INC.
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Financials (USD)
Sales 2021 2 325 M - -
Net income 2021 603 M - -
Net cash 2021 2 667 M - -
P/E ratio 2021 42,4x
Yield 2021 0,26%
Capitalization 25 426 M 25 426 M -
EV / Sales 2021 9,79x
EV / Sales 2022 7,05x
Nbr of Employees 9 000
Free-Float 26,6%
Chart XP INC.
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XP Inc. Technical Analysis Chart | XP | KYG982391099 | MarketScreener
Technical analysis trends XP INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 45,48 $
Average target price 55,42 $
Spread / Average Target 21,9%
EPS Revisions
Managers and Directors
Thiago Maffra Chief Executive Officer
Bruno Constantino A. dos Santos Chief Financial Officer & Independent Director
Guilherme Benchimol Executive Chairman
Guilherme SantĺAnna Monteiro da Silva Independent Director
Maria Helena dos Santos Fernandes Santana Independent Director
Sector and Competitors