Seaport Global Securities Upgrades Block Inc. (SQ) to Buy, 'Driving Profitable Growth And Also Delivering Above Expectations'

Block Inc. (SQ) PT Raised to $86 at Citi

Citi analyst Peter Christiansen raised the price target on Block Inc. (NYSE: SQ) to $86.00 (from $76.00) while maintaining a Buy rating.

The analyst comments "Theres a lot to like about Blocks 4Q, namely (i) speedy restructuring execution resulting in a 25% EBITDA beat and 10%... More

Block Inc. (SQ) PT Raised to $95 at Wolfe Research

Wolfe Research analyst Darrin Peller raised the price target on Block Inc. (NYSE: SQ) to $95.00 (from $85.00) while maintaining a Outperform rating.... More

Block Inc. (SQ) PT Raised to $90 at BTIG

BTIG analyst Lance Jessurun raised the price target on Block Inc. (NYSE: SQ) to $90.00 (from $85.00) while maintaining a Buy rating.... More

U.S. stock futures inch lower after record-high rally on Nvidia cheer

Investing.com-- U.S. stock index futures fell slightly in evening deals on Thursday after Wall Street notched record highs on the back of technology gains spurred chiefly by positive earnings and guidance from AI darling NVIDIA Corporation (NASDAQ: NVDA). 

Cheer over Nvidia saw investors largely trade past warnings from the Federal Reserve that interest rates will stay higher for longer- a notion that was further reinforced by stronger-than-expected jobless claims data.

Weak purchasing managers index readings also disappointed for February, as business activity appeared to worsening in the... More

Block lifts FY guidance as Q4 results top estimates

Investing.com -- Block on Thursday lifted it full-year guidance after reporting better-than-expected fourth-quarter revenue as efforts to step up monetization on its Cash App payment app bolstered performance. 

Block Inc (NYSE: SQ) was up more than 11% in afterhours trading following the... More

After-hours movers: Shares of Carvana (CVNA) and Block (SQ) surge

After-Hours Stock Movers:

Carvana (NYSE: CVNA) climbed 23% after the used car company said it expects adjusted EBITDA significantly above $100 million in the first quarter.

Payment firm Block (NYSE: SQ) gained 11% after it beat revenue estimates and... More

Block outlook tops earnings estimates, boosting shares 12%

By Hannah Lang

(Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast adjusted core earnings for the current quarter above Wall Street estimates, betting on continued consumer resilience and its cost-cutting measures.

The company expects adjusted core earnings between $570 million and $590 million for the three months ended March 31, compared with analysts' average expectation of $511.76 million, according to LSEG data.

Block also raised its full-year profit... More

Block (SQ) Misses Q4 EPS by 4c

Block (NYSE: SQ) reported Q4 EPS of $0.55, $0.04 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $5.62 billion versus the consensus estimate of $5.7 billion.

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

Block (SQ) call put ratio 2.3 calls to 1 put into quarter results

Block (NYSE: SQ) February weekly call option implied volatility is at 259, March is at 76; compared to its 52-week range of 37 to 80 into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put.

Block to cut 112 jobs in March as economic uncertainty bites

(Reuters) - Jack Dorsey-led Block Inc plans to cut 112 jobs on March 30, the fintech said in a legally mandated notice, as part of its previously disclosed plans to trim headcount and reduce costs, sending shares up over 3% in early trade on Thursday.

The notice was issued under the Worker Adjustment and Retraining Notification (WARN) Act which requires employers... More

Block Inc. (SQ) PT Raised to $65 at Wells Fargo

Wells Fargo analyst Andrew Bauch raised the price target on Block Inc. (NYSE: SQ) to $65.00 (from $55.00) while maintaining a Equal Weight rating.... More

Block (SQ) February weekly 65.50 straddle into quarter results

Block (NYSE: SQ) February weekly 65.50 straddle priced for a move of 13% into the expected release of quarter results today after the bell.

Block (SQ) February weekly option IV above 200 into quarter results

Block (NYSE: SQ) February weekly call option implied volatility is at 207, March is at 79; compared to its 52-week range of 37 to 80 into the expected release of quarter results after the bell on February 22.