-=PagSeguro Digital (PAGS) reported earnings on Thur 15 Aug 2019 (a/h)

Brazilian payments stock PagSeguro Digital (PAGS) met earnings views and beat on revenue late Thursday after its Warren Buffett-backed rival, IPO stock StoneCo (STNE), reported Q2 earnings late Wednesday that sent shares diving.

PagSeguro Earnings
Estimates: PagSeguro earnings per share are seen climbing 18% to 26 cents. Revenue is seen popping 19% to $332 million.

Results: EPS of 1.042 Brazilian reai, or about 26 cents, on revenue of 1.39 billion reais, or about $348 million. Adjusted net margin dipped to 24.7% from 24.8% a year ago.

Total payment volume jumped 59% to 26.75 billion reais. Active merchants surged 35% to 4.7 million. The company also reported 9.4 million unique active accounts and 1.4 million active PagBank users.

PagSeguro stock jumped 8.6% late after closing up 1.6% at 46.52 on the stock market today, continuing to consolidate and finding support at the 50-day line. Its relative strength line has tailed off somewhat after making strong progress since late April.

Earnings this week : Aug 12 - 16, 19 (wk 33)

Notable earnings reports:

• Barrick Gold (NYSE:GOLD), Sysco (NYSE:SYY), on August 12;
• JD.com (NASDAQ:JD), Tilray (NASDAQ:TLRY),  Grocery Outlet (GO), Huya (HUYA) and Brinker International on August 13; 
•  Myriad Genetics (MYGN), Sundial Growers (SNDL), Canada Goose (GOOS), Cisco Systems (NASDAQ:CSCO), Macy's (NYSE:M), Agilent Technologies (NYSE:A), Luckin Coffee (NASDAQ:LK), Canopy Growth (CGC)
   and Tencent (OTCPK:TCEHY) on August 14; 
• Tapestry (TPR), Nvidia (NASDAQ:NVDA), Alibaba (BABA) and Wal-Mart (WMT), Briggs & Stratton (BGG), Canadian Solar (CSIQ), PagSeguro Digital (PAGS),  Applied Materials (NASDAQ:AMAT), Nio (NYSE:NIO) and Madison Square Garden (NYSE:MSG) on August 15; 
• Deere (NYSE:DE) on August 16.

-=PagSeguro Digital (PAGS) reported earnings on Thur 29 Nov 2018 (a/h)