Block, Inc. reports results for the quarter ended June 30 - Earnings Summary
Block, Inc. reports results for the quarter ended June 30 - Earnings Summary
Block, Inc. XYZ.N reported quarterly adjusted earnings of $1.02 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 62 cents. The mean expectation of thirty four analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 83 cents to $1.00 per share.
Revenue rose 9.3% to $6.62 billion from a year ago; analysts expected $6.49 billion.
Block, Inc.'s reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $88.52 million.
Block, Inc. shares had risen by 11.4% this quarter and gained 30.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.1% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 39 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"
Wall Street's median 12-month price target for Block, Inc. is $92.00, about 8% above its last closing price of $84.64
This summary was machine generated from LSEG data August 5 at 09:36 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.87 | 1.02 | Beat |
Mar. 31 2026 | 0.68 | 0.85 | Beat |
Dec. 31 2025 | 0.65 | 0.65 | Met |
Sep. 30 2025 | 0.67 | 0.54 | Missed |
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