StoneCo (STNE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
STNE earnings call for the period ending March 31, 2024.
StoneCo (STNE) delivered earnings and revenue surprises of 3.57% and 1.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?