Earnings Estimates Rising for StoneCo (STNE): Will It Gain?

Core Viewpoint - StoneCo Ltd. is positioned as a strong investment opportunity due to its improving earnings outlook and analysts' increasing earnings estimates [1][2]. Earnings Estimates - Analysts are optimistic about StoneCo's earnings prospects, leading to higher estimates that are expected to positively impact the stock price [2]. - The current-quarter earnings estimate is projected at $0.32 per share, reflecting a year-over-year increase of +6.67%. Over the last 30 days, the consensus estimate has risen by 14.29% with no negative revisions [5]. - For the full year, the earnings estimate stands at $1.38 per share, indicating a year-over-year change of +2.22%. Similar to the current quarter, there have been no negative revisions in the past month [6]. Zacks Rank - StoneCo holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in revising earnings estimates upward, which has led to significant improvements in consensus estimates [3][7]. - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3]. Stock Performance - StoneCo shares have increased by 18.4% over the past four weeks, suggesting investor confidence in the company's earnings growth potential [8].