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SQ / Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance

Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance
Block Inc. (SQ) shares surged 11% Friday after the fintech company posted a smaller-than-expected loss for the third quarter and raised its full-year guidance, thanks to strong revenue and user growth on its Cash App. Read More
Posted: Nov 3 2023, 17:50
Author Name: Investopedia
Views: 112126

SQ News  

Block Stock Is a Hot Mess. Investors Should Still Buy It.

By InvestorPlace
November 4, 2023

Block Stock Is a Hot Mess. Investors Should Still Buy It.

For long stretches in 2021, Block (NYSE: SQ ) was a $250 stock. For even longer stretches, SQ stock has traded around $50. more_horizontal

Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance

By Investopedia
November 3, 2023

Block Shares Surge 11% on Smaller-Than-Expected Loss, Cash App Growth, Optimistic Guidance

Block Inc. (SQ) shares surged 11% Friday after the fintech company posted a smaller-than-expected loss for the third quarter and raised its full-year more_horizontal

Block's (SQ) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

By Zacks Investment Research
November 3, 2023

Block's (SQ) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

Block's (SQ) third-quarter 2023 results benefit from strong momentum across the Cash App and Square ecosystem. more_horizontal

Here's Why Block Stock Is Sailing Higher Today

By The Motley Fool
November 3, 2023

Here's Why Block Stock Is Sailing Higher Today

Block's business is growing and the company is exercising discipline to improve profits. The company expects its growth rate to continue at a double-d more_horizontal

Block CFO on blowout Q3 as top and bottom lines beat estimates

By CNBC Television
November 3, 2023

Block CFO on blowout Q3 as top and bottom lines beat estimates

Amrita Ahuja, Block CFO, joins 'Squawk on the Street' to discuss what's allowed Block to guide as they have, how artificial intelligence is being used more_horizontal

Block Earnings: Shareholder Returns Are Finally Being Taken Seriously

By The Motley Fool
November 3, 2023

Block Earnings: Shareholder Returns Are Finally Being Taken Seriously

Block stock is down 30% this year, but it might have just turned a corner. more_horizontal

Block (SQ) Soars on Upbeat Earnings & Outlook: ETFs to Gain

By Zacks Investment Research
November 3, 2023

Block (SQ) Soars on Upbeat Earnings & Outlook: ETFs to Gain

Block shares surge after earnings beat and increased full-year outlook. more_horizontal

Is There Any Hope Left for Block Stock?

By The Motley Fool
November 3, 2023

Is There Any Hope Left for Block Stock?

Block shares have crumbled after some poor acquisitions of Afterpay and TIDAL. The company is investing a lot in cryptocurrencies, which is risky. more_horizontal


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