StoneCo Misses Q3 Earnings Estimates and Lowers Long-Term Financial Guidance
Brazilian payments provider StoneCo (STNE) reported third-quarter earnings that fell short of analyst expectations. The miss was primarily driven by underperformance in transaction activities and subscription services revenue. In response to the results, the company has revised its 2026 financial guidance downward and officially withdrawn its previously stated targets for 2027. Following the announcement, StoneCo shares saw a slight decline of 0.26% to $7.70 in post-market trading on the Nasdaq.
Tickers: $STNE
Topics: earnings miss financial results guidance revision revenue decline