Block (SQ) Tops Q1 EPS by 5c, Raises Guidance

Block (NYSE: SQ) reported Q1 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $4.99 billion versus the consensus estimate of $4.6 billion.

Guidance:

• Adjusted EBITDA1 $1,360M vs Previous 2023 $1,300M
• Adjusted Operating Income ($115M) Previous 2023 ($150M)

For earnings history and earnings-related data on Block (SQ) click here.

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