StoneCo Q3 earnings rise past consensus as payment volume drifts up

Woman using electronic banking on phone

martin-dm/E+ via Getty Images

StoneCo Ltd. (NASDAQ:STNE) delivered Tuesday its second straight earnings beat in Q3 as the Brazilian fintech’s payment volume continued to drift higher during the quarter.

Adjusted EPS of R$1.97 (US$0.34), surpassing the R$1.78 average analyst estimate, advanced from R$1.61 in Q2 and

Leave a Reply

Your email address will not be published. Required fields are marked *