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Stock impact report

Block (SQ) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]

Block, Inc. Class A, (SQ) 
Last block, inc. class a, earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: squareup.com/about/investors
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.58%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a tech-heavy index, lost 1.15%. The mobile payments services provider's stock has dropped by 7.79% in the past month, falling short of the Business Services sector's loss of 4.36% and the S&P 500's loss of 1.09%. Investors will be eagerly watching for the performance of Block in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 2, 2024. On that day, Block is projected to report earnings of $0.62 per share, which would represent year-over-year growth of 55%. Meanwhile, the latest consensus estimate predicts the revenue to be $5.73 billion, indicating a 14.8% increase compared to the same quarter of the previous year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.96 per share and revenue of $24.65 billion, indicating changes of +64.44% and +12.46%, respectively, compared to the previ Show less Read more
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