Block (XYZ) delivered earnings and revenue surprises of +18.61% and +1.25%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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Block Inc (NYSE:SQ) shares rose about 6.5% after it reported stronger-than-expected first-quarter 2026 earnings, highlighted by solid profit growth and improved margins, despite a slight revenue miss. Block (XYZ) reported adjusted earnings per share of $0.85, above analyst expectations of...
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Adjusted EPS of $0.85 topped analyst expectations of $0.68, and the fintech raised its 2026 adjusted EPS forecast to $3.85
Block Inc (NYSE:XYZ) posted first-quarter results that topped Wall Street profit expectations, sending the company’s shares up around 7% in premarket trading Friday after management raised its outlook for the full year. The financial technology company reported adjusted earnings per share of $0.
Shares rise after the fintech company’s results signal to investors that it is chugging along just fine despite mass layoffs.