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lo estamos

we are ...ing it

→ lo
phrase Uncommon #20,972
we are ...ing it This is not a complete phrase by itself: lo is an object pronoun meaning “it” or “him,” and estamos helps form the present progressive with a following gerund. In lo estamos pasando bien, the expression means “we’re having a good time.”
SP: Lo estamos preparando para la cena.
EN: We’re preparing it for dinner.

Lo estamos planeando.

We're planning it.

— La asistenta (2025)

Lo estamos consiguiendo.

We're achieving it.

— Intocable (2011)

Todos lo estamos pensando.

We're all thinking it.

— GOAT: Como cabras (2026)

Lo estamos intentando.

We are trying.

— Masaan (2015)

Nos lo estamos pasando bien.

We're having a good time.

— Ahora me ves 3 (2025)

Lo estamos encontrando.

We're finding it.

— Star Trek II: La ira de Khan (1982)

Lo estamos pasando muy bien.

We are having a great time.

Nosotros ahora lo estamos alcanzando.

We are catching up to him now.

Me parece que no lo estamos entendiendo bien.

I don't think we're understanding it correctly.

Sí, ¿no lo estamos pasando bien?

Yes, aren't we having a good time?

— Mañana empieza todo (2016)

Lo estamos comprobando.

We are checking it.

Todos lo estamos pensando, así que seamos realistas.

We're all thinking about it, so let's be realistic.

— El botín (2026)

Dile que lo estamos llevando a casa.

Tell him we're taking him home.

Lo estamos cuidando entre todos.

We are all looking after it together.

— Los lunes al sol (2002)

Lo estamos investigando.

We’re looking into it.

— Jungla de cristal (1988)

De hecho, lo estamos disfrutando.

In fact, we are enjoying it.

— Dangal (2016)