StoneCo Ltd expected to post earnings of R$1.77 a share - Earnings Preview

StoneCo

08/11/2024 23:48

* StoneCo Ltd  STNE.OQ   STNE.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The George Town Cayman Islands-based   company is expected
to
report a 7.8% increase in revenue to $3.384 billion from $3.14
billion a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for StoneCo Ltd is for
earnings of
R$1.77 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"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
$16.00​, above​ its last closing price of $11.35. ​​​

Previous quarterly performance (using preferred earnings measure
in Brazilian reais). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.53        1.52       1.61      Beat    5.9
 Mar. 31 2024  1.43        1.43       1.42      Missed  -1
 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.        0.86        0.87       0.94      Beat    8.2
 30 2023                                                
 Mar. 31 2023  0.70        0.68       0.73      Beat    7.2​
 Dec. 31 2022  0.64        0.63       0.72      Beat    14.2
 Sep. 30 2022  0.30        0.31       0.60      Beat    90.6
 This summary was machine generated November 8 at 23:48 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)