GEORGE TOWN, Grand Cayman, July 1, 2024 /PRNewswire/ -- StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) ("StoneCo" or the "Company") announces that it has commenced today a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.950% senior notes due 2028 (the "Notes"). Initially, the Notes are fully, unconditionally and irrevocably guaranteed by Stone Instituição de Pagamento S.A., MNLT S.A. and Pagar.me Instituição de Pagamento S.A. __________________ The following table summarizes the ...

The company's stock has dropped by 13.1% in the past month, falling short of the Computer and Technology sector's gain of 6.52% and the S&P 500's gain of 3.53%. Any recent changes to analyst estimates for StoneCo Ltd. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. From a valuation perspe ...

I t t Lyndon Stratford 0 1 1 1 1 Investment Thesis: StoneCo (NASDAQ:STNE) is a Brazilian fintech company which provides solutions for MSMB's through the form of payments, software, and banking solutions. Stone has had a volatile few years with a meteoric rise after covid to a high of $90 a share, which was then met with a sharp collapse to a low of $9 a share after the mishandling of their credit segment and major losses with their investment in BancoIntern. As a result of the stock's collapse, the company ...

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StoneCo Ltd. (STNE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a cha ...

StoneCo Ltd. (NASDAQ:STNE) Q1 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Company Participants Roberta Noronha - Head of IR Pedro Zinner - CEO Lia Matos - Chief Strategy Officer and Chief Marketing Officer Mateus Scherer - CFO and IR Officer Gregor Ilg - Head of Credit Conference Call Participants Eduardo Rosman - BTG Kaio Da Prato - UBS Antonio Ruette - Bank of America Neha Agarwala - HSBC Yuri Fernandes - JPMorgan Jorge Kuri - Morgan Stanley Daniel Vaz - Safra Tiago Binsfeld - Goldman Sachs Jami ...

StoneCo Ltd. (STNE) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.36, delivering a surprise of 12.50%. Over the last four quarters, the company ha ...

Financial services revenue reached R$ 2.7 billion in 1Q24, 16% higher than the previous year, with Total Processed Volume (TPV) of SME (small and medium-sized enterprises) clients growing by 24% year over year, including PIX P2M processed volume. The segment showed a 15 bps increase in take rate year over year, resulting from significant contributions from all our financial platform solutions. The SME customer base grew by 33% on an annual basis, reaching 3.7 million active customers. In the first quarter o ...

StoneCo (STNE) is slated to release first-quarter 2024 results on May 13.The consensus mark for earnings is pegged at 28 cents per share, down by a couple of cents in the past 30 days. The company reported earnings of 14 cents in the year-ago quarter.StoneCo beat the Zacks Consensus Estimate in the last four quarters, delivering an earnings surprise of 12.34% on average.Let’s see how things have shaped up for the upcoming announcement. Factors to NoteStoneCo’s first-quarter performance is likely to have ben ...

The most recent trading session ended with StoneCo Ltd. (STNE) standing at $15.74, reflecting a +0.9% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a loss of 0.34% for the day. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.33%.Shares of the company have depreciated by 3.94% over the course of the past month, outperforming the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05%.The investment community will be ...