StoneCo Ltd. (NASDAQ: STNE) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.76%. A quarter ago, it was expected that this company would post earnings of $0.28 per share when it actually produced earnings of $0.29, delivering a surprise of 3.57%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. StoneCo, which belongs to the Zacks Internet - Software industry, posted revenues of $615.13 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.13%. This compares to year-ago revenues of $597.04 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. StoneCo shares have lost about ...