StoneCo lowers 2026 guidance and withdraws 2027 target amid Brazil macroeconomic deterioration
STNE StoneCo Ltd
$7.92 +2.59%
View chart & analysis → - 1StoneCo stated that a more cautious outlook is necessary due to high interest rates and high credit losses.
- 2StoneCo management revised its 2026 adjusted gross profit outlook to between 6.1 billion and 6.2 billion reais and withdrew its 2027 target.
- 3StoneCo recorded 4.5 billion reais in adjusted gross profit for the first nine months of this year.
So what's the key point?
StoneCo has lowered its future earnings plans as the Brazilian economy worsens. Because of this, the 2026 profit outlook was adjusted to between 6.1 billion and 6.2 billion reais, and the 2027 target was removed.
Source The Motley Fool +1 · View original ↗
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