05:27 PM EST, 11/12/2024 (MT Newswires) -- StoneCo ( STNE ) reported Q3 adjusted earnings late Tuesday of 1.97 Brazilian reais ($0.34) per share, up from 1.38 reais a year earlier.

Analysts polled by Capital IQ expected 1.77 reais.

Revenue for the quarter ended Sept. 30 was 3.36 billion reais, up from 3.14 billion reais a year earlier.

Analysts surveyed by Capital IQ expected 3.36 billion reais.