Square, Inc. Announces Third Quarter 2021 Results
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Square (SQ) PT Lowered to $315 at Needham & Company
November 5, 2021 7:27 AM EDTNeedham & Company analyst Mayank Tandon lowered the price target on Square (NYSE: SQ) to $315.00 (from $350.00) while maintaining a Buy rating.
The analyst commented, "SQ reported mixed 3Q results, beating expectations on revenue from the seller ecosystem but coming in a bit... More
Square (SQ) Stock Falls 5% Despite Surges in Gross Profits
November 4, 2021 6:06 PM EDTSquare (NYSE: SQ) shares fell 4.7% after-hours after the company reported its Q3 results, with EPS coming in at $0.37, slightly lower than the consensus estimate of $0.39. Quarterly revenue grew 27% to $3.84 billion.
In the quarter, gross profits jumped 43% to $1.13 billion. Seller ecosystem generated gross... More
Square (SQ) Misses Q3 EPS by 1c, Revenue Misses
November 4, 2021 4:11 PM EDTSquare (NYSE: SQ) reported Q3 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $3.84 billion versus the consensus estimate of $4.6 billion.
We wanted to provide an update on the trends in our business during the month of... More