Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of Block’s (SQ) Q4 2022 earnings report
Financial services company Block, Inc. (NYSE: SQ), previously known as Square, has reported a decrease in fourth-quarter adjusted earnings, despite strong top-line growth.
Fourth-quarter earnings, adjusted for one-off items, decreased to $0.22 per share from $0.27 per share in the corresponding quarter of the previous year. On an unadjusted basis, the company reported a net loss of $114 million or $0.19 per share for the most recent quarter, compared to a loss of $77 million in the prior-year period.
Check this space to read management/analysts’ comments on Block’s Q4 results
Total revenues increased 14% year-over-year to $4.65 billion. At $53.2 billion, gross payments volume was up 15% compared to the fourth quarter of 2021.
Prior Performance
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
