Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...

Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...

Block increased full-year guidance, projecting Q4 2025 gross profit of $2.755 billion, with year-over-year growth exceeding 19%. Adjusted operating income for Q4 is expected to be $560 million, with ...

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...

Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...

Block Inc. (XYZ) stock fell 18.4% in extended trading on Thursday after the financial technology firm lowered its 2025 profit outlook and its first-quarter earnings fell short of Wall Street’s ...

Nov 6 (Reuters) - Block (XYZ.N), opens new tab missed Wall Street estimates for third-quarter profit on Thursday amid persistent economic uncertainty and intensifying competition in the payments ...