Block Earnings What Just Happened
![block earnings Surpass Expectations Despite Hindenburg Claims block earnings Surpass Expectations Despite Hindenburg Claims](https://www.thecoinrepublic.com/wp-content/uploads/2023/05/Block-beats-earnings-expectations-shakes-off-short-seller-report.jpg)
Block Earnings Surpass Expectations Despite Hindenburg Claims Revenue just matched estimates, up 29.1% year over year (yoy). block's gross payment volume (gpv) came in at $46.3 billion, surpassing expectations. the company's shares were down more than 4% in. Block, inc. ( sq ), which changed its name from square in december 2021, reported q1 fy 2022 earnings that missed analyst expectations on multiple fronts. adjusted earnings per share (eps) came in.
![юааblockюаб юааearningsюаб Are Coming Hereтащs What Matters Tipranks юааblockюаб юааearningsюаб Are Coming Hereтащs What Matters Tipranks](https://blog.tipranks.com/wp-content/uploads/2022/02/SQ-0222-750x406.jpg)
юааblockюаб юааearningsюаб Are Coming Hereтащs What Matters Tipranks Here are the key highlights. what happened: block reported fourth quarter revenue of $5.77 billion, which was up 24% year over year. the revenue total beat a street consensus estimate of $5.70. Julpo. what happened. block (nyse:sq) has experienced a 20% rebound following its 3q fy2023 earnings results.i believe the price action can be attributed not merely to better than expected. Gddy. fsly. block, inc. sq is scheduled to report third quarter 2023 results on nov 2. the zacks consensus estimate for revenues is pegged at $5.41 billion, suggesting growth of 19.7% from the. For the last reported quarter, it was expected that block would post earnings of $0.44 per share when it actually produced earnings of $0.55, delivering a surprise of 25%. over the last four.
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