Ticker delayed 20 minutes
Avg Daily Volume: 7,734,654 Market Cap: 26.74B Sector: None Short Interest: 10.68 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .20/share REV: 596.38/M
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LAST QTR: EPS: .16/share ACTUAL: .21/share (BEAT)
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NEXT QTR: EPS: .25/share REV: 621.24/M
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FULL YR: EPS: .77/share REV: 2,270/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 60% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -16.95, -10.26, -5.98
EXPECTED JUMP MOVE: 12-15%
Links To Latest News and Headlines
Key Insights Significantly high institutional ownership implies Block’s stock price is sensitive to their trading…
This fintech pioneer operates two successful businesses with sizable growth potential.
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., April 04, 2024–Block, Inc. (NYSE: SQ) will release financial results for the first quarter of 2024 on Thursday, May 2, 2024, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block’s Investor Rela
Shares of Block, Inc. (SQ) are trading lower on Thursday afternoon as the company faced a downgrade from Morgan Stanley analysts, rating the stock Underweight from Equal-Weight and lowering the price target from $62 to 60. The analyst cites doubts about Cash App’s ability to grow, especially with Gen Z consumers. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development with Block. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor’s note: This article was written by Nicholas Jacobino
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