Block earnings top estimates, issues upbeat guidance.
- Update Date:
- Post Date:
Block (SQ) reported third-quarter results that topped Wall Street estimates on both the top and bottom lines. The fintech company reported adjusted earnings of $0.55 per share compared to estimates of $0.45 cents and revenue of $5.62 billion versus expectations of $5.47 billion. The company also raised its full-year adjusted EBITDA forecast for 2023 and issued upbeat guidance for 2024. Yahoo Finance Live breaks down the report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market […]