Block falls short on Q4 estimates with lower-than-expected earnings
Block reported adjusted earnings per share of 71 cents, up from 47 cents per share in the fourth quarter of 2023, on revenue of $6.03 billion, up 9.5% year-over-year. Both figures were misses, as analysts had been expecting adjusted earnings per share of 88 cents on revenue of $6.295 billion.
A tepid growth in gross payment volume and monthly active users did not satisfy investors and adversely affected its stock ...
Q4 gross profit was slightly below expectations, though in line with the company’s outlook. Importantly, Square gross ...
Block (NYSE:XYZ) stock slid 7.2% in Thursday after-hours trading after its Q4 earnings trailed the average analyst estimate and its guidance for Q1 and full-year 2025 also disappointed.
BMO Capital Markets upgraded Block (NYSE:XYZ) to Outperform from Market Perform as analyst Rufus Hone sees the potential for ...
Reports Q4 revenue $6.03B, consensus $6.26B. Reports Q4 GPV $61.95B, with bitcoin revenue $2.43B. Reports Q4 Cash App gross profit $1.38B and ...
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