StoneCo reported a 15.4% year-over-year rise in adjusted EPS to R$2.19, exceeding payment volume expectations.
StoneCo (STNE) shares climbed 8.03% to $10.43 in post-market trading after first-quarter payment volume surpassed analyst estimates. The company’s adjusted basic earnings per share (EPS) rose 15.4% year-over-year to R$2.19, though it declined 20.8% from the prior quarter.
The earnings growth outpaced expectations, reflecting stronger-than-anticipated transaction volumes. Analysts had projected softer results amid competitive pressures in Brazil’s payments sector. The prior quarter had seen higher sequential EPS, but year-over-year improvements signaled resilience.
Investors responded positively to the earnings beat, driving the stock higher in extended trading.