Square (SQ) Reports In-Line Q1 EPS, Offers Guidance

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Go back to Square (SQ) Reports In-Line Q1 EPS, Offers Guidance

Wells Fargo Remains Sidelined on Square (SQ) Following 1Q

May 3, 2018 7:04 AM EDT

Wells Fargo reiterated a Market Perform rating and $42.00 price target on Square (NYSE: SQ) following the company's 1Q earnings report. Adjusted revenue of $307MM, up 51%, was $15.4MM above estimates. Subscription and services-based revenue of $97MM, up 98%, was $9MM above estimates.

Wells Fargo increased 2018/2019 EPS estimates to... More