Stock Track | StoneCo Soars 8.53% After-Hours on Strong Q4 Earnings and Optimistic 2025 Outlook

Stock Track
19 Mar

Shares of StoneCo Ltd. (NASDAQ: STNE) surged 8.53% in after-hours trading on Tuesday, following the release of its fourth quarter and fiscal year 2024 financial results. The Brazilian fintech company reported earnings that exceeded analyst expectations and provided an upbeat forecast for 2025, driving investor enthusiasm.

StoneCo's Q4 adjusted earnings per share came in at R$2.26 ($0.45), significantly beating the analyst consensus estimate of R$1.95. This represents a 25.56% increase compared to the same period last year. The company's quarterly revenue reached R$3.609 billion ($720 million), slightly above the expected R$3.591 billion and marking an 11.10% year-over-year growth. Notably, StoneCo reported an adjusted net profit of R$665.6 million ($133 million) for the quarter, surpassing the R$585.1 million forecasted by analysts.

Looking ahead, StoneCo provided a robust outlook for 2025, further fueling the stock's after-hours rally. The company projects its 2025 adjusted basic earnings per share to exceed R$8.6 ($1.72) and expects adjusted gross profit to surpass R$7.05 billion ($1.41 billion). These forward-looking statements signal management's confidence in StoneCo's continued growth and profitability, which appears to have resonated strongly with investors. The company's ability to outperform expectations in a challenging economic environment, coupled with its positive guidance, suggests that StoneCo is well-positioned to capitalize on the expanding fintech market in Brazil.

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