Block, Inc. (NYSE: SQ) is all set to announce its second-quarter 2023 results today evening. The Financial services company’s stock has gained about 13% since the beginning of the year.
Listen to Block’s Q2 2023 earnings call live and read the real-time transcript
When Block reports earnings at 4:05 PM ET, the market will be looking for adjusted earnings of $0.36 per share, which represents a 100% growth from the prior-year period. It is estimated that second-quarter revenues increased about 16% year-over-year to $5.1 billion.
In the first three months of the fiscal year, Block’s adjusted earnings more than doubled to $0.40 per share. At $5.0 billion, first-quarter revenues were up 26% year-over-year. Gross payment volume increased an impressive 17% to $51.1 billion in the three-month period.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024
