3 hours ago

Block Shares Sink After Mixed Q3 Results: EPS Beat, Revenues Miss

Block, Inc. (NYSE:SQ) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.

The Details: Block reported quarterly earnings of 88 cents per share, which beat the analyst consensus estimate of 87 cents. Quarterly revenue came in at $5.97 billion which missed the analyst consensus estimate of $6.24 billion and is an increase over sales of $5.617 billion from the same period last year.