StoneCo Ltd expected to post earnings of R$1.43 a share - Earnings Preview

StoneCo

10/05/2024 21:22

* StoneCo Ltd  STNE.OQ   STNE.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 13 for the
period ending March 31 2024
    * The George Town Cayman Islands-based   company is expected
to
report a 14.1% increase in revenue to R$3.093 billion from
R$2.71 billion a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for StoneCo Ltd is for
earnings of
R$1.43 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months. ​
    * Wall Street's median 12-month price target for StoneCo Ltd
is
$20.00​, above​ its last closing price of $16.70. ​​​

Previous quarterly performance (using preferred earnings measure
in Brazilian reais). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.53        1.47       1.76      Beat    19.3
 Sep. 30 2023  1.11        1.12       1.32      Beat    18.4
 Jun. 30 2023  0.86        0.87       0.94      Beat    8.2​
 Mar. 31 2023  0.70        0.68       0.73      Beat    7.2
 ​​Jan.        0.64        0.63       0.72      Beat    14.2
 1 0001                                                 
 Jan. 1 0001   0.30        0.31       0.60      Beat    90.6​
 Jun. 30 2022  0.09        0.12       0.25      Beat    113
 Jan. 1 0001   0.21        0.19       0.43      Beat    120.8
 This summary was machine generated May 10 at 20:22 GMT.  All
figures in Brazilian reais unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)