StoneCo Ltd. (STNE) Q2 Earnings Miss Estimates

StoneCo Ltd. (STNE) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of$ 0.34 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.76%. A quarter ago, it was expected that this company would post earnings of$ 0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%. Over the last four quarters, the company h ...