StoneCo Ltd STNE.OQ STNE.O is expected to show a rise in quarterly revenue when it reports results on March 18 for the period ending December 31 2024
The George Town Cayman Islands-based company is expected to report a 10.5% increase in revenue to R$3.591 billion from R$3.25 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for StoneCo Ltd is for earnings of R$1.96 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and 1 "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 $14.00, above its last closing price of $9.22.
Previous quarterly performance (using preferred earnings measure in Brazilian reais).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
1.78
1.77
1.93
Beat
9.3
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. 30 2023
0.86
0.87
0.94
Beat
8.2
Mar. 31 2023
0.70
0.68
0.73
Beat
7.2
Dec. 31 2022
0.64
0.63
0.72
Beat
14.2
This summary was machine generated March 14 at 20:07 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)