StoneCo Q2 Profit Misses Estimates, Revenue Falls Short
STNE is trading near its 52-week low of $9.453 (5.8% above the low).
Summary
StoneCo reported Q2 net profit of 583 million reais, below the 600 million reais IBES estimate, and total revenue of 3.6 billion reais versus the 3.7 billion reais expected. The miss on both top and bottom lines is modest but comes after a strong FY25 and a completed R$3.0 billion buyback, suggesting growth may be cooling. Traders will focus on the magnitude of the miss relative to the company's market cap and any commentary on forward guidance. The results are for the quarter ended June 30.
At the time of this announcement, STNE was trading at $10.00 on NASDAQ in the Finance sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $9.45 to $19.95. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.