Block said it now expects gross profit to hit about $15.8 billion in 2028, with mid‑teens annual growth for the next three years. The company laid out these targets at its first investor day since ...

Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

Block Inc. (NYSE: SQ), formerly Square, has emerged as a major player in the financial technology sector, disrupting traditional models with its innovative solutions for payments, commerce and ...

(Reuters) -Block reported a rise in second-quarter income and raised its annual gross profit forecast on Thursday, as the payments firm was helped by resilient consumer spending, lifting its shares 6% ...

Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...

Block Inc. (NYSE: XYZ) is rated SELL due to overvaluation, low-quality revenue growth, limited sustainable growth, and volatile profitability. XYZ's revenue growth is heavily reliant on Bitcoin, which ...

Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...

Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...