Smartfit is trading at BRL 17.71, up 5.48%, with its third-quarter results appearing to remain the clearest catalyst for the move.

  • Recurring net profit reached R$248 million, up 40% year over year and above analysts’ R$236.5 million estimate.
  • Adjusted EBITDA rose 30% to R$763 million, also exceeding consensus; Reuters and Brazilian financial coverage linked the prior session’s share gains to the results.