Inter & Co Reports Strong Q3 Results with Significant Earnings and Revenue Beats
Inter & Co (INTR) delivered a robust third-quarter performance, significantly exceeding market expectations. The company reported a GAAP EPS of $0.95, surpassing estimates by R$0.75, while revenue reached $2.72 billion, beating projections by R$2.23 billion. Year-to-date performance remains strong, with total net revenue for the first nine months reaching R$7.80 billion, representing a 29.9% increase year-over-year. The company's balance sheet also showed substantial scale, with total assets climbing to R$107.23 billion.
Tickers: $INTR