Earnings Results: Square stock slips after outlook, volume fall short [MarketWatch]
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: MarketWatch
Square stock slips after outlook, volume fall short Square Inc. shares were down 5.5% in after-hours trading Wednesday, after the company missed on payment volume and disappointed in its second-quarter outlook, even as it topped analysts’ estimates for revenue and profit. The San Francisco-based financial company expects to continue investing in its business as the year goes on, putting money behind omnichannel commerce, international expansion and the peer-to-peer Cash app, while contending with a slowdown in gross payment volume. Square’s SQ, +1.10% gross payment volume grew to $22.6 billion, up from $17.8 billion a year ago, but fell short of the FactSet consensus for the second straight quarter. Analysts surveyed by FactSet had been modeling $22.8 billion in GPV. Don’t miss: Square investors may be overlooking a key metric The company said that 51% of volume came from larger sellers, or those doing more than $125,000 in annual GPV, which was the same proportion of volume fro
Show less
Read more
Impact Snapshot
Event Time:
SQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SQ alerts
High impacting Block, Inc. Class A, news events
Weekly update
A roundup of the hottest topics
SQ
News
- Global Kitchen Display System Market is Set Attain Valuation of USD 801.2 Million By 2032, at 6.62% CAGR: Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Play The Odds With Term Funds: Annualized Gains Up To 15% [Seeking Alpha]Seeking Alpha
- Block, Inc. (NYSE: SQ) had its price target raised by analysts at Wolfe Research from $95.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- Here's Why Block (SQ) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
- Drive Square Revolutionizes Simulator Driver Training by Offering Subscription Model [USA TODAY]USA TODAY
SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/15/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- SQ's page on the SEC website