HomeMarket NewsStoneCo Surpasses EPS Expectation But Falls Short on Q4 2023 Revenue Report

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

By Ron Finklestien
Current Market Analysis

Actionable Trade Ideas

always free

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 editor@investorplace.com.

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

©2024 InvestorPlace Media, LLC

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.

Read Now

Related Articles

spot_img

WallStreet Waves

Comprehensive stock market news coverage across various asset classes, including stocks, bonds, commodities, cryptocurrencies, and more. We believe in offering a holistic perspective, allowing our readers to stay ahead of the stock market and capitalize on emerging opportunities in tech stocks, small caps, biotechs and more!

most Popular

trending right now

© 2024 All Rights reserved | Powered by WallStreet Waves