Block Inc. (SQ) PT Lowered to $93 at RBC Capital
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rebounds, but yield surge sets stage for weekly losses
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
CashApp Outperformance Fuels Rally in Block (SQ) Shares, Analysts Upbeat
November 4, 2022 9:22 AM EDTShares of Block (NYSE: SQ) are up nearly 11% in pre-market trading after the company reported better-than-expected results.
Block posted an EPS of $0.42 per share on revenue of $4.52 billion, beating estimates for an EPS of $0.24 on in-line revenue. Subscription & services-based revenue surged 71% year-over-year to offset a 2.9% drop in Bitcoin revenue.
Most importantly, Cash... More
