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StoneCo Ltd reports results for the quarter ended March 31 - Earnings Summary

StoneCo Ltd STNE.OQ reported quarterly adjusted earnings of R$1.97​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of R$1.42.  The mean expectation of eight analysts for the quarter was for earnings of R$1.80 per share. Wall Street expected results to range from R$1.59  to R$1.97 per share.

Revenue rose 19% to R$3.67 billion from a year ago; analysts expected R$3.67 billion.

StoneCo Ltd's reported EPS for the quarter was R$1.84​.

The company reported quarterly net income of R$516.7 million.

StoneCo Ltd shares had risen by 26.2% this quarter and gained 66.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 14.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for StoneCo Ltd is $15.00

This summary was machine generated from LSEG data May 9 at 02:36 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.801.97Beat
Dec. 31 20241.962.26Beat
Sep. 30 20241.771.93Beat
Jun. 30 20241.521.61Beat

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