StoneCo ( NASDAQ:STNE – Get Free Report ) announced its earnings results on Wednesday. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.08, MarketWatch Earnings reports. The company had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.90 billion. StoneCo had a return on equity of 6.84% and a net margin of 7.51%. The firm's quarterly revenue was up 28.2% compared to the same quarter last year.

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