Although the revenue and EPS for Block (XYZ) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Block (XYZ) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.6 per share. This compares to earnings of $0.93 per share a year ago.
Block's CFO says the Square business is winning market share again and the Cash App business is growing its engagement.
XYZ's Q2 earnings are expected to beat estimates on Square's increased traction and y/y gross profit growth of 9.5%.
Evaluate the expected performance of Block (XYZ) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Block (XYZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of Block NYSE: XYZ have surged after the announcement that the financial technology company will join the prestigious S&P 500 index. This milestone validates the company's evolution from a niche payment innovator to a diversified powerhouse in the financial sector, positioning it among the largest and most influential public companies in the United States.
XYZ's 24.7% stock surge and S&P 500 debut highlight its fintech strength and growing investor confidence.
Square's GPV grew 7.2% YoY in Q1-FY25, driving a 9% YoY gross profit increase to $898 million. Cash App gross profit hit $1.38 billion in Q1-FY25, up 10% YoY despite weak discretionary spending. FDIC approval enables Cash App Borrow to scale nationwide, expanding eligibility and improving unit economics through in-house lending.
Tech giant Block Inc (NYSE:XYZ) is charging 9% higher to trade at $79.21 at last glance, after news broke late last week it will be joining the S&P 500 Index (SPX) before the bell on Wednesday.
Block (XYZ) surged 8.5% in extended trading on July 18, 2025, following news of its inclusion in the S&P 500, replacing Hess and drawing investor attention to ETFs like SPYA and DAPP, which are expected to benefit.
Robinhood misses out on S&P 500 inclusion once again, as Square parent company is chosen to replace Hess.