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Block expects gross profit to reach $15.8 billion in 2028 with mid‑teens annual growth
Block said it now expects gross profit to hit about $15.8 billion in 2028, with mid‑teens annual growth for the next three years. The company laid out these targets at its first investor day since ...
Block Inc. (NYSE: SQ), formerly Square, has emerged as a major player in the financial technology sector, disrupting traditional models with its innovative solutions for payments, commerce and ...
Block has soared from recent lows, but there are more upsides ahead. Block has paired resilient top-line growth with aggressive margin expansion. Management has targeted even more margin expansion in ...
As tax preparation giant H&R Block Inc. branches into financial planning, it's boosting profits with a loan program that gets customers refunds faster but takes a big bite of the proceeds. Block last ...
Block Inc. (NYSE: XYZ) is rated SELL due to overvaluation, low-quality revenue growth, limited sustainable growth, and volatile profitability. XYZ's revenue growth is heavily reliant on Bitcoin, which ...
Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...
Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...
Nov 6 (Reuters) - Block (XYZ.N), opens new tab missed Wall Street estimates for third-quarter profit on Thursday amid persistent economic uncertainty and intensifying competition in the payments ...
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