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StoneCo Surpasses EPS Expectation But Falls Short on Q4 2023 Revenue Report

by Ron Finklestien

Published On: March 18, 2024 10:06 pm

STNE stock - STNE Stock Earnings: StoneCo Beats EPS, Misses Revenue for Q4 2023

Source: T. Schneider / Shutterstock.com

StoneCo (NASDAQ:STNE) has recently unveiled its financial results for the final quarter of 2023.

Reporting earnings per share of 36 cents, StoneCo managed to surpass the analyst projections of 30 cents in this department.
However, the company fell short on the revenue front, coming in at $655.87 million.
This figure represented a 4.06% deviation from the anticipated revenue of $683.63 million.

InvestorPlace Earnings has introduced a novel project that taps into TradeSmith data to automate the coverage of quarterly earnings releases. This strategic initiative aims to extract pertinent insights like earnings per share and revenue figures, and to compare a company’s performance against analyst forecasts. By delivering these reports promptly and accurately, we are committed to ensuring our readers stay abreast of the most recent financial data. For any feedback or corrections, please feel free to reach out to us at [email protected].

Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/stne-stock-earnings-stoneco-for-q4-of-2023/.

StoneCo Surpasses EPS Expectation But Falls Short on Q4 2023 Revenue Report

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