StoneCo reports fourth quarter earnings

StoneCo Ltd . (NASDAQ:STNE), a leading provider of financial technology solutions in Brazil with a market capitalization of $2.92 billion, released its fourth quarter earnings report today, detailing performance for the period ending December 31, 2024. The company, which offers a suite of products and services that includes payment processing and financial services to merchants and integrated partners, has submitted the report in compliance with the Securities Exchange Act of 1934. According to InvestingPro data, StoneCo has demonstrated strong momentum with a 27.85% year-to-date return, suggesting growing investor confidence in the company’s trajectory.

According to the document filed with the SEC, StoneCo continues to expand its operations within the computer processing and data preparation sector, generating impressive revenue of $2.27 billion in the last twelve months with a robust gross margin of 73.17%. While the latest filing did not disclose specific Q4 figures, InvestingPro analysis indicates the company is currently trading at an attractive P/E ratio of 8.3x, suggesting potential undervaluation relative to peers. For detailed valuation metrics and more insights, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

The earnings release, identified as Exhibit 99.1 in the SEC filing, is expected to provide stakeholders with a comprehensive overview of StoneCo’s financial health and operational achievements during the last quarter of the previous year. This information is particularly relevant for investors seeking to understand the company’s current market position and future outlook. InvestingPro’s Fair Value analysis suggests StoneCo is currently undervalued, with three analysts recently revising their earnings estimates upward for the upcoming period.

StoneCo, formerly known as DLP Payments Holdings Ltd. before its name change on July 3, 2018, has indicated in the filing that it submits annual reports under Form 20-F. The company’s principal executive offices are located in Grand Cayman, Cayman Islands, and it is incorporated under the laws of the state of E9.

The report was signed by Mateus Scherer Schwening, StoneCo’s Chief Financial Officer and Investor Relations Officer, ensuring the authenticity and responsibility of the company for the information provided.

Investors and stakeholders can refer to the full earnings release for a detailed account of StoneCo’s financial performance in the fourth quarter of 2024. The report is based on a press release statement and aims to provide a transparent and factual overview of the company’s latest financial results.

In other recent news, StoneCo Ltd. reported fourth-quarter earnings that surpassed analyst expectations. The company achieved adjusted earnings per share of R$2.26, exceeding the analyst estimate of R$1.95 by R$0.31. Revenue for the quarter reached R$3.61 billion, slightly above the consensus estimate of R$3.58 billion. This financial performance highlights StoneCo’s significant growth compared to the same period last year, although specific year-over-year growth percentages were not disclosed. The company did not provide guidance for the upcoming quarter or fiscal year. Analysts have noted the company’s focus on empowering merchants to conduct commerce across multiple channels as a key driver of its success. StoneCo plans to discuss its fourth-quarter and fiscal year 2024 results further in an upcoming conference call.

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