Brazil's StoneCo posts adjusted profit beat in third quarter [Yahoo! Finance]

StoneCo Ltd. - Class A Common Share (STNE)
Company Research
Source: Yahoo! Finance
StoneCo, which also owns software and credit businesses, reported an adjusted net profit of 587 million reais ($101.7 million) for the quarter ended in September, above the 555 million reais expected by analysts in an LSEG poll. WHY IT'S IMPORTANT StoneCo, which is listed in New York, is one of Brazil's largest payment firms. BY THE NUMBERS StoneCo's total revenue reached 3.4 billion reais in the quarter, in line with estimates and up 7% year-on-year. Total payment volume (TPV) for micro-, small- and medium-sized companies, the firm's main business, rose 20%. Adjusted earnings before taxes (EBT) increased 35% from a year earlier to 733 million reais. WHAT'S NEXT StoneCo also confirmed it had hired advisers to explore its options regarding its software business, though it said it had not established a deadline for any kind of deal. Reuters reported in September, citing sources, that StoneCo had hired banks to sell software unit Linx. ($1 = 5.7724 reais) (Reporting
Show less
Read more
Impact Snapshot
Event Time:
STNE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STNE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STNE alerts
High impacting StoneCo Ltd. - Class A Common Share news events
Weekly update
A roundup of the hottest topics
STNE
News
- Here's Why StoneCo Ltd. (STNE) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
- If EPS Growth Is Important To You, StoneCo (NASDAQ:STNE) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- StoneCo Ltd. to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on March 18th, 2025 [Yahoo! Finance]Yahoo! Finance
- StoneCo Ltd. (STNE) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- StoneCo Ltd. (NASDAQ: STNE) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $16.00 to $14.00. They now have a "buy" rating on the stock.MarketBeat
STNE
Earnings
- 11/12/24 - Beat
STNE
Sec Filings
- 12/30/24 - Form SCHEDULE
- STNE's page on the SEC website