StoneCo Ltd. (STNE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a cha ...

StoneCo Ltd. (NASDAQ:STNE) Q1 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Company Participants Roberta Noronha - Head of IR Pedro Zinner - CEO Lia Matos - Chief Strategy Officer and Chief Marketing Officer Mateus Scherer - CFO and IR Officer Gregor Ilg - Head of Credit Conference Call Participants Eduardo Rosman - BTG Kaio Da Prato - UBS Antonio Ruette - Bank of America Neha Agarwala - HSBC Yuri Fernandes - JPMorgan Jorge Kuri - Morgan Stanley Daniel Vaz - Safra Tiago Binsfeld - Goldman Sachs Jami ...

StoneCo Ltd. (STNE) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.36, delivering a surprise of 12.50%. Over the last four quarters, the company ha ...

Financial services revenue reached R$ 2.7 billion in 1Q24, 16% higher than the previous year, with Total Processed Volume (TPV) of SME (small and medium-sized enterprises) clients growing by 24% year over year, including PIX P2M processed volume. The segment showed a 15 bps increase in take rate year over year, resulting from significant contributions from all our financial platform solutions. The SME customer base grew by 33% on an annual basis, reaching 3.7 million active customers. In the first quarter o ...

StoneCo (STNE) is slated to release first-quarter 2024 results on May 13.The consensus mark for earnings is pegged at 28 cents per share, down by a couple of cents in the past 30 days. The company reported earnings of 14 cents in the year-ago quarter.StoneCo beat the Zacks Consensus Estimate in the last four quarters, delivering an earnings surprise of 12.34% on average.Let’s see how things have shaped up for the upcoming announcement. Factors to NoteStoneCo’s first-quarter performance is likely to have ben ...

The most recent trading session ended with StoneCo Ltd. (STNE) standing at $15.74, reflecting a +0.9% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a loss of 0.34% for the day. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.33%.Shares of the company have depreciated by 3.94% over the course of the past month, outperforming the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05%.The investment community will be ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

StoneCo reported a record profit in 2023. Its stock should go up in 2024.StoneCo (STNE 0.03%) stock is in something of a funk. Trading down roughly 84% from its pandemic-era highs, the Brazilian fintech stock doesn't get a lot of respect on Wall Street. Despite reporting its most profitable year ever in 2023, with $328 million in net income, StoneCo share prices are up only about 30% over the past year -- not a whole lot better than the S&P 500's 21% gain.Better things could be coming for StoneCo investors, ...

GEORGE TOWN, Grand Cayman, April 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone") announces that it will release its first quarter 2024 financial results on Monday, May 13, 2024 after the market closes and will host a conference call that afternoon at 5:00pm ET (6:00pm BRT) to discuss the results. The Company also announces that, beginning in the first quarter of 2024, it will adopt a new internal accounting policy for the recognition of membership fee revenues. Membership fee ...

GEORGE TOWN, Grand Cayman, April 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone”) announces that it will release its first quarter 2024 financial results on Monday, May 13, 2024 after the market closes and will host a conference call that afternoon at 5:00pm ET (6:00pm BRT) to discuss the results. The Company also announces that, beginning in the first quarter of 2024, it will adopt a new internal accounting policy for the recognition of membership fee revenues. Membership fee ...