Recap: StoneCo Q1 Earnings

Shares of StoneCo STNE decreased in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 15.38% over the past year to $0.11, which missed the estimate of $0.18.

Revenue of $158,789,000 decreased by 1.98% from the same period last year, which missed the estimate of $190,840,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

StoneCo hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jun 01, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/jkny3v2q

Recent Stock Performance

52-week high: $95.12

52-week low: $29.60

Price action over last quarter: down 12.15%

Company Description

StoneCo Ltd is a provider of financial technology solutions. The company offers solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil. Its Stone Business Model combines advanced, end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service.