StoneCo: Q3 Earnings Insights

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StoneCo STNE reported its Q3 earnings results on Friday, November 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

StoneCo beat estimated earnings by 22.73%, reporting an EPS of $0.27 versus an estimate of $0.22.

Revenue was up $164.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 7.57% drop in the share price the next day.

Here's a look at StoneCo's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.170 0.14 0.12 0.06
EPS Actual 0.198 0.14 0.14 0.10
Revenue Estimate 585.96M 546.67M 513.84M 464.73M
Revenue Actual 596.92M 521.92M 514.35M 478.86M

To track all earnings releases for StoneCo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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