PagSeguro Digital Ltd. (PAGS) shares rallied 22.9% in the last trading session to close at $15.03. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16.3% gain over the past four weeks.PagSeguro Digital extended its rally for the third straight day, driven by optimism over the ongoing recovery in the electronics payments space and rising demand for digital transactions. Further, Brazil is expected to witness a steady decline in inflation, improving the economic situation, which might be beneficial for companies like PagSeguro Digital. Also, investors expect PAGS to generate massive year-over-year growth in margins and revenues when it reports June-quarter results.This company is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of +5%. Revenues are expected to be $663.69 million, up 48.4% from the year-ago quarter.While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.For PagSeguro Digital Ltd., the consensus EPS estimate for the quarter has been revised 4.7% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on PAGS going forward to see if this recent jump can turn into more strength down the road.The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>PagSeguro Digital Ltd. is part of the Zacks Financial Transaction Services industry. Marqeta (MQ), another stock in the same industry, closed the last trading session 2.2% lower at $10.96. MQ has returned 29.5% in the past month.For Marqeta, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.11. This represents a change of +62.1% from what the company reported a year ago. Marqeta currently has a Zacks Rank of #3 (Hold). Free: Top Stocks for the $30 Trillion Metaverse Boom The metaverse is a quantum leap for the internet as we currently know it - and it will make some investors rich. Just like the internet, the metaverse is expected to transform how we live, work and play. Zacks has put together a new special report to help readers like you target big profits. The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks reveals specific stocks set to skyrocket as this emerging technology develops and expands.Download Zacks’ Metaverse Report now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PagSeguro Digital Ltd. (PAGS): Free Stock Analysis Report Marqeta, Inc. (MQ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research