Robinhood misses out on S&P 500 inclusion once again, as Square parent company is chosen to replace Hess.
Block stock has continued on its remarkable recovery after suffering a hammering previously. Management's lowered 2025 outlook sets a lower bar, improving the chances of a second half outperformance. The resilient economy has also tempered the worst outcomes that were much feared early in April/May.
The bulls quietly price in a potential FQ2'25 double beat performance, as observed in XYZ's robust stock price recovery, thanks to the management's promising commentaries in the May 2025 conference. This is significantly aided by the potential passing of the long-awaited cryptocurrency bill, with Bitcoins likely to be publicly adopted as an alternative to fiat currency. This development underscores XYZ's strategic launch of Bitcoin payments on Square from 2026 onwards, allowing them to monetize their Bitcoin horde on balance sheet.
20 Feb 2025 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | 0.87 Cons. EPS | 0.88 EPS |
31 Oct 2024 Date | | 0.87 Cons. EPS | - EPS |
1 Aug 2024 Date | | 0.84 Cons. EPS | 0.93 EPS |
2 May 2024 Date | | 0.72 Cons. EPS | 0.85 EPS |
20 Feb 2025 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | 0.87 Cons. EPS | 0.88 EPS |
31 Oct 2024 Date | | 0.87 Cons. EPS | - EPS |
1 Aug 2024 Date | | 0.84 Cons. EPS | 0.93 EPS |
2 May 2024 Date | | 0.72 Cons. EPS | 0.85 EPS |
Software - Infrastructure Industry | Technology Sector | Jack Dorsey CEO | XHAN Exchange | US8522341036 ISIN |
US Country | 12,000 Employees | - Last Dividend | - Last Split | 19 Nov 2015 IPO Date |
Block, Inc., initially known as Square, Inc., is a corporation that orchestrates diverse ecosystems revolving around commerce and financial products and services both on domestic and international fronts. The company has intricately segmented its operations into two primary divisions: Square and Cash App, catering to a broad spectrum of financial and commercial needs. Founded in 2009 and undergoing a rebranding to Block, Inc. in December 2021, the entity is headquartered in Oakland, California. Block, Inc. prides itself on serving a versatile clientele ranging from individuals to various scales of businesses and sellers, leveraging both e-commerce and traditional retail distribution channels to maximize reach and effectiveness.
The extensive array of products and services offered by Block, Inc. is divided between its two main segments, Square and Cash App, alongside several additional ventures including TIDAL, TBD, Bitkey, and Spiral, each addressing specific market needs: