Square (SQ) Stock Falls 5% Despite Surges in Gross Profits
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
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 quarterly profit jumps on bitcoin boost
November 4, 2021 4:42 PM EDT(Reuters) - Square Inc reported a nearly 60% rise in third-quarter gross profit on Thursday, fueled by a jump in bitcoin transactions on its peer-to-peer payment service Cash App.
The payments firm, which is acquiring buy now, pay later pioneer Afterpay Ltd for $29 billion, posted gross profit of $1.13... 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