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Stock impact report

Here's Why StoneCo Ltd. (STNE) Fell More Than Broader Market [Yahoo! Finance]

StoneCo Ltd. - Class A Common Share (STNE) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 1.14%, and the Nasdaq, a tech-heavy index, lost 0.18%. Coming into today, shares of the company had lost 2.01% in the past month. In that same time, the Computer and Technology sector lost 11.69%, while the S&P 500 lost 7.29%. The upcoming earnings release of StoneCo Ltd. will be of great interest to investors. The company's earnings report is expected on March 18, 2025. The company's earnings per share (EPS) are projected to be $0.32, reflecting a 11.11% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $581.37 million, showing a 11.36% drop compared to the year-ago quarter. It's also important for investors to be aware of any recent modifications to analyst estimates for StoneCo Ltd. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' pos Show less Read more
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