Block Q4: Expecting A Growth Inflection After Q1 FY2025
Block is down 28% after disappointing Q4 FY2024 results and a weak Q1 FY2025 outlook, driven by strong currency headwind and lapping leap-year effect. The FY2025 outlook signals a growth rebound after Q1, with a "Rule of 36" and an increase to 40 in FY2026. Square's GPV continued to accelerate in Q4 FY2024, and the recent integration of Afterpay with Cash App Card has potential to scale payment volume.
Petrobras Drills New Well at Pre-Salt Block in the Campos Basin
PBR begins drilling a new well in the Alto de Cabo Frio block, strengthening its presence in the pre-salt region of the Campos Basin.
VAALCO Expands in West Africa, Acquires 70% Stake in Block CI-705
EGY assumes operatorship of Block CI-705 alongside its partners, Ivory Coast Exploration Oil & Gas and PETROCI. It will also hold 100% paying interest in the block via a commercial carry agreement.
Block's Margin Expansion Might Just Be Getting Started
Block's synergies between its merchant and consumer ecosystems are emerging, with Cash App evolving into a comprehensive financial hub and Square expanding beyond payments. Recent developments include merging Square apps, enhancing Cash App's financial services, and issuing nearly $9 billion in loans through Cash App Borrow. Despite competition and regulatory risks, Block's dual consumer-merchant model and AI-driven initiatives position it for margin expansion and long-term growth.
Here's Why Advance Auto Parts Hit a Road Block in February
Shares of auto parts retailer Advance Auto Parts (AAP -2.34%) declined by 23.9% in February, according to data provided by S&P Global Market Intelligence. The decline came mainly after the company issued disappointing fourth-quarter 2024 earnings and 2025 guidance.
Block Stock Sinks on Lackluster Growth. Is It Time to Buy on the Dip?
Shares of Block (XYZ 1.59%) were tumbling after the fintech company reported weaker-than-expected Q4 results that missed analyst expectations. The big drop now leaves the company down more than 20% on the year, as of this writing.
Block's 30% plunge in February leads fintech selloff, while Stripe shows benefit of staying private
Fintech stocks like Block, PayPal and Coinbase plummeted in February, in part due to troubling economic data and the drop in crypto prices. Block reported disappointing quarterly results, but PayPal and Coinbase shares fell even as earnings topped analysts' estimates.
Is Block Stock a Buy Now?
Shares of Block (XYZ -1.55%) fell like a brick from the sky on Feb. 21, dropping by 18% after an underwhelming fourth-quarter earnings report.
Block Stock: Don't Lose Faith (Technical Analysis)
The technicals are now heavily bearish, but that is no surprise given the post-earnings rout in the stock. In my view, most recent earnings were actually resilient, and while guidance was weaker than desired, financials are expected to remain at strong levels. The valuation is currently too depressed relative to the fundamentals, as the P/S and P/CFO ratios show a major disconnect with their respective financial results.
Will Toast Stock Ever Be Worth More Than Block?
When Block (XYZ -1.55%), which was formally known as Square, first introduced its credit card reader for mobile devices in 2009, it was a game changer. Businesses no longer needed anything special to adapt to the fast-changing payments space.
Block: I Have Been Waiting For This Drop
Block's Q4 results missed expectations, despite double-digit growth in Cash App and Square, especially in the Cash App segment. Block's robust earnings report highlights impressive gross profit growth and a strong profitability profile. The Fintech is seeing consistent capital inflows in the Cash App segment, although its Cash App Card user growth has moderated.
Big Growth Stories: Zillow's Traction, Block's Margins, and the Future of Robots
The Big Picture: It was a busy week with earnings across retailers, fintech, and marketplaces. Overall, results were strong, with record profits and revenue from several portfolio companies.
