Brazil's StoneCo drops after Q2 earnings miss analyst expectations

StoneCo

14/08/2026 15:20

** U.S.-listed shares of Brazilian payments firm StoneCo STNE.O fell 4.6% to $9.70 in early trading 
** STNE reported Q2 revenue of R$3.6 bln ($689.80 mln) AMC Thursday, below analysts' estimates of R$3.7 bln - data compiled by LSEG
** Net profit of R$583 million lagged est. R$600 mln ($114.97 mln)
** Nine of 16 analysts rate stock "strong buy" or "buy", six "hold" and one "sell"; their median PT is $15 - data compiled by LSEG
** Including session's move, stock down 21.7% YTD

 ($1 = 5.2189 reais)

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))