StoneCo Earnings Preview
Portfolio Pulse from Benzinga Insights
StoneCo (NASDAQ:STNE) is scheduled to release its quarterly earnings report on March 18, 2024, with an expected EPS of $0.30. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Historically, StoneCo's share price has shown mixed reactions to its earnings performance, with the last quarter's beat by $0.05 leading to a 0.0% change in share price. Over the past year, STNE shares have increased by 91.88%, indicating a positive outlook among long-term shareholders.
March 15, 2024 | 2:00 pm
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StoneCo is expected to report an EPS of $0.30 for the upcoming quarter, with a focus on future growth guidance. The stock has seen a 91.88% increase over the past year, indicating positive sentiment among investors.
Given StoneCo's positive stock performance over the past year and the anticipation of future growth guidance, the upcoming earnings report is highly relevant and important to investors. The historical data shows that earnings beats or misses can influence stock price, but guidance on future growth is also a critical factor. The positive long-term shareholder sentiment and the stock's significant increase suggest a likely positive short-term impact on STNE's stock price, especially if the earnings beat expectations and the company provides optimistic future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100