StoneCo (NASDAQ:STNE) reported its Q3 earnings results on Friday, November 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
StoneCo beat estimated earnings by 22.73%, reporting an EPS of $0.27 versus an estimate of $0.22.
Revenue was up $164.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 7.57% drop in the share price the next day.
Here’s a look at StoneCo’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.170 | 0.14 | 0.12 | 0.06 |
| EPS Actual | 0.198 | 0.14 | 0.14 | 0.10 |
| Revenue Estimate | 585.96M | 546.67M | 513.84M | 464.73M |
| Revenue Actual | 596.92M | 521.92M | 514.35M | 478.86M |
To track all earnings releases for StoneCo visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
