Previous close | 8.90 |
Open | 8.40 |
Bid | 8.50 |
Ask | 10.10 |
Strike | 7.00 |
Expiry date | 2025-01-17 |
Day's range | 8.40 - 8.40 |
Contract range | N/A |
Volume | |
Open interest | 758 |
StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) reported adjusted net income of R$ 450 million in the first quarter, a 90% increase over the same time last year. The company's total revenue reached R$ 3.1 billion, a 14% year-over-year growth. Adjusted net cash was R$ 5.1 billion, an increase of R$ 87 million in the quarter and R$ 1.2 billion in the year. The adjusted EBT of R$ 568 million represents a 75% increase compared to 1Q23, with an adjusted EBT margin of 18.4%.
StoneCo (STNE) delivered earnings and revenue surprises of 3.57% and 1.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?