Block: Dead Man Walking (Rating Downgrade)
Block, Inc. saw a 20% stock price decline after Q1 earnings, with lowered guidance and slowing growth across the board. The company missed EPS estimates in three of the last four quarters, with net income and revenue significantly down. Block lacks a competitive edge in its markets, with Cash App and Square facing strong competition and no meaningful innovation.
Block shares plummet 20% as Q1 earnings miss rattles Wall Street
CNBC's MacKenzie Sigalos joins 'Closing Bell' to discuss Block's earnings miss as investors digest a brutal quarterly report and a wave of analyst downgrades centered on Cash App.
Block Q1 Earnings Lag Estimates, Revenues Down Y/Y, Shares Drop
XYZ's first-quarter 2025 results suffer from an unfavorable change in consumer spending patterns.
Block, Inc. (XYZ) Q1 2025 Earnings Call Transcript
Block, Inc. (NYSE:XYZ ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Nikhil Dixit - Head of Investor Relations Jack Dorsey - Block Head, Chairman, and Co-Founder of Block Amrita Ahuja - Chief Operating Officer and Chief Financial Officer Conference Call Participants Tien-Tsin Huang - J.P. Morgan Darrin Peller - Wolfe Research Tim Chiodo - UBS Ramsey El Assal - Barclays Dan Dolev - Mizuho Rayna Kumar - Oppenheimer Andrew Bauch - Wells Fargo Will Nance - Goldman Sachs Adam Frisch - Evercore Harshita Rawat - Bernstein Trevor Williams - Jefferies Operator Good day, ladies and gentlemen, and welcome to the Block First Quarter 2025 Earnings Conference Call.
Block Renews Bets on AI, Ecosystem Lending as Growth Softens
For a company long hailed as a tech disruptor in financial services, Block's Q1 2025 results present a paradox. One of slowing growth amid a flurry of innovation.
Block (XYZ) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Block (XYZ) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Block Q1 Earnings: Don't Let This Selloff Go To Waste
Block, Inc. is a Strong Buy stemming from strong subscription & services performance and the likelihood of a bottom in its growth woes. The company is developing a full stack bitcoin mining platform, enhancing product velocity with open-source AI, and driving operating leverage in-house banking services. XYZ stock's valuation is attractive, trading at extremely low multiples despite solid growth prospects and impressive operating efficiency.
Block (XYZ) Misses Q1 Earnings and Revenue Estimates
Block (XYZ) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.85 per share a year ago.
Block Cuts Annual Guidance After Drop in Quarterly Revenue, Profit
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
Here's why Block is taking a more cautious view of the year ahead
Block's stock is falling after Cash App customers got more hesitant about spending and inflows.
Square Updates Banking Offering to Bolster Business Cash Management
Square has debuted banking tools designed to help sellers gain instant access to their funds. The expansion of the platform's banking service lets business owners sign up for a Square payments account and a free Square Checking account through one application from Square's website and point-of-sale app, according to a Wednesday (April 30) news release.
Block: Falling Like Rain, But It's Time To Embrace The Pain
Block, Inc. investors navigated a severe hammering over the past few months, as the market sent it crashing down 50%. As a fintech growth stock, investors are arguably pricing in significant economic challenges on its business. With more exposure to the SMB base and less wealthy consumers, Block might have more challenges if the economic disruption proved to be more significant.
