StoneCo Stock Falls After Q4 Results: Here's Why-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
1
Favorite

StoneCo Stock Falls After Q4 Results: Here's Why

Benzinga03-19

StoneCo Ltd. (NASDAQ:STNE) shares are falling after the company reported its fourth-quarter financial results after the bell Monday. Here's a look at the report.

The Details: StoneCo reported quarterly sales of R$3.25 billion ($171.6 million), missing the R$3.42 billion estimate. The company said this is growth of 20.1% year-over-year and primarily driven by a 24.4% increase in financial services platform revenues, a result of active client base growth and higher monetization from clients, mainly in its MSMB segment.

“Our top priority, ‘Winning in MSMBs,’ posted remarkable growth. We achieved a notable increase in MSMB TPV both annually and in the fourth quarter, showing an acceleration from the previous period. Our banking services also recorded impressive growth, with deposits reaching R$ 6.1 billion by the end of December, a significant increase from 2022. This growth not only reflects higher engagement but also a better conversion of TPV into deposits,” said Pedro Zinner, CEO of StoneCo.

Related News: What’s Going On With Bitcoin Miners Marathon Digital And Riot Platforms Stock?

STNE Price Action: According to Benzinga Pro, StoneCo shares are down 8.01% after-hours at $16.07 at the time of publication.

Photo: Gerd Altmann from Pixabay

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment（1）

tkj
·03-19
Title looks impressive and I thought it is going into indepth analysis why share dropped. But the answer is disappointing. I did not see any real reason for the drop except that the company missed target by a bit but still a strong showing from previous....
Reply
Like
Report

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2420823318?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-19 05:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2420823318","market":"hk","top_or_hot":-1,"title":"StoneCo Stock Falls After Q4 Results: Here's Why","media":"Benzinga","content":"<html><body><p><strong><a href=\"https://laohu8.com/S/STNE\">StoneCo</a> Ltd. </strong>(NASDAQ:STNE) shares are falling after the company reported its fourth-quarter financial results after the bell Monday. Here's a look at the report. </p>\n<p><strong>The Details:</strong> StoneCo reported quarterly sales of R$3.25 billion ($171.6 million), missing the R$3.42 billion estimate. The company said this is growth of 20.1% year-over-year and primarily driven by a 24.4% increase in financial services platform revenues, a result of active client base growth and higher monetization from clients, mainly in its MSMB segment.</p>\n<p>“Our top priority, ‘Winning in MSMBs,’ posted remarkable growth. We achieved a notable increase in MSMB TPV both annually and in the fourth quarter, showing an acceleration from the previous period. Our banking services also recorded impressive growth, with deposits reaching R$ 6.1 billion by the end of December, a significant increase from 2022. This growth not only reflects higher engagement but also a better conversion of TPV into deposits,” said <strong>Pedro Zinner</strong>, CEO of StoneCo. </p>\n<p><em>Related News: </em><em>What’s Going On With Bitcoin Miners Marathon Digital And <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> Stock?</em></p>\n<p><strong>STNE Price Action:</strong> According to Benzinga Pro, StoneCo shares are down 8.01% after-hours at $16.07 at the time of publication.</p>\n<p><em>Photo: Gerd Altmann</em> <em>from Pixabay</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>StoneCo Stock Falls After Q4 Results: Here's Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStoneCo Stock Falls After Q4 Results: Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-19 05:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/24/03/37803076/stoneco-stock-falls-after-q4-results-heres-why><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>StoneCo Ltd. (NASDAQ:STNE) shares are falling after the company reported its fourth-quarter financial results after the bell Monday. Here's a look at the report. \nThe Details: StoneCo reported ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/24/03/37803076/stoneco-stock-falls-after-q4-results-heres-why\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/24/03/37803076/stoneco-stock-falls-after-q4-results-heres-why","article_id":"2420823318","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2420823318","pubTimestamp":1710795851,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"StoneCo reported quarterly sales of R$3.25 billion ($171.6 million), missing the R$3.42 billion estimate. The company said this is growth of 20.1% year-over-year and primarily driven by a 24.4% increase in financial services platform revenues, as a result of active client base growth and higher monetization from clients, mainly in its MSMB segment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4559":"巴菲特持仓","BK4535":"淡马锡持仓","STNE":"StoneCo","BK4227":"交易和支付处理服务","BK4106":"数据处理与外包服务","BK4566":"资本集团"},"translate_title":"斯通科股票在第四季度业绩后下跌：原因如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STNE":1},"content_text":"StoneCo Ltd. (NASDAQ:STNE) shares are falling after the company reported its fourth-quarter financial results after the bell Monday. Here's a look at the report. \nThe Details: StoneCo reported quarterly sales of R$3.25 billion ($171.6 million), missing the R$3.42 billion estimate. The company said this is growth of 20.1% year-over-year and primarily driven by a 24.4% increase in financial services platform revenues, a result of active client base growth and higher monetization from clients, mainly in its MSMB segment.\n“Our top priority, ‘Winning in MSMBs,’ posted remarkable growth. We achieved a notable increase in MSMB TPV both annually and in the fourth quarter, showing an acceleration from the previous period. Our banking services also recorded impressive growth, with deposits reaching R$ 6.1 billion by the end of December, a significant increase from 2022. This growth not only reflects higher engagement but also a better conversion of TPV into deposits,” said Pedro Zinner, CEO of StoneCo. \nRelated News: What’s Going On With Bitcoin Miners Marathon Digital And Riot Platforms Stock?\nSTNE Price Action: According to Benzinga Pro, StoneCo shares are down 8.01% after-hours at $16.07 at the time of publication.\nPhoto: Gerd Altmann from Pixabay","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":285810588930056,"gmtCreate":1710812766813,"gmtModify":1710812770917,"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582020830270271","authorIdStr":"3582020830270271"},"htmlText":"Title looks impressive and I thought it is going into indepth analysis why share dropped. But the answer is disappointing. I did not see any real reason for the drop except that the company missed target by a bit but still a strong showing from previous....","listText":"Title looks impressive and I thought it is going into indepth analysis why share dropped. But the answer is disappointing. I did not see any real reason for the drop except that the company missed target by a bit but still a strong showing from previous....","text":"Title looks impressive and I thought it is going into indepth analysis why share dropped. But the answer is disappointing. I did not see any real reason for the drop except that the company missed target by a bit but still a strong showing from previous....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/285810588930056","repostId":2420823318,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}