Block Outperforms Revenue & Profit, But Misses EPS in 4th Quarter: Here’s 1 Thing Holding SQ Back

By |2023-08-02T19:11:11+00:00February 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Block (SQ), previously known as Square, delivered their fiscal 4th quarter earnings yesterday after the market closed. The report was mixed, with EPS coming in below expectations despite revenue & profit outperforming expectations. Revenue came in at $4.65 billion, narrowly beating Wall Street’s estimate of $4.61 billion. The company reported a solid gross profit [...]