StoneCo Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live

05/15

StoneCo (STNE) reported Q1 adjusted earnings Thursday of 2.19 Brazilian reais ($0.44) per basic share, up from 1.89 reais a year earlier.

Analysts polled by FactSet expected 2.23 reais.

Revenue for the quarter ended March 31 was 3.58 billion reais, up from 3.36 billion reais a year earlier.

Analysts surveyed by FactSet expected 3.51 billion reais.

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