StoneCo Ltd expected to post earnings of R$1.52 a share - Earnings Preview

StoneCo

12/08/2024 23:11

* StoneCo Ltd  STNE.OQ   STNE.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 14 for the
period ending June 30 2024
    * The George Town Cayman Islands-based   company is expected
to
report a 9.1% increase in revenue to R$3.223 billion from R$2.95
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
$1.52 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for StoneCo Ltd
is
$17.00​, above​ its last closing price of $13.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.43        1.43       1.42      Missed  -1
 Dec. 31 2024  1.53        1.47       1.76      Beat    19.3
 Jan. 1 0001   1.11        1.12       1.32      Beat    18.4​
 Jun. 30 2023  0.86        0.87       0.94      Beat    8.2
 ​​Mar.        0.70        0.68       0.73      Beat    7.2
 31 2023                                                
 Dec. 31 2022  0.64        0.63       0.72      Beat    14.2​
 Sep. 30 2022  0.30        0.31       0.60      Beat    90.6
 Jan. 1 0001   0.09        0.12       0.25      Beat    113
 This summary was machine generated August 12 at 22:11 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)