USSESSI BLOCK 02 2024 Shareholder Letter investors.block.xyz Exhibit 99.1 To Our Shareholders August 1, 2024 We're currently on track to reach Rule of 40 by 2026, with Adjusted Operating Income margins expanding significantly year over year for both Square and Cash App. We're continuing to build a strong foundation to improve our growth into 2025, and today we want to discuss our plans for improving Square's go to market approach. There are four parts to this: sales, partnerships, marketing, and most import ...

BOSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Domino's Pizza, Inc. (NYSE: DPZ) for potential securities law violations. Investors who have lost money in their Domino's Pizza, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/dpz. What is this all about? Shares of Domino’s Pizza, Inc. fell 10% following the company's suspension of long-term global growth guidance. Block & Leviton ...

After softening over the past couple of weeks, there was a sense in yesterday's session that perhaps the market is ready to turn north once again. The benchmark indices all had some of their best days in recent weeks, with the S&P 500 finishing up 1.5% and the tech-heavy NASDAQ finishing up more than 3%. Block TodaySQBlock$62.40 +0.52 (+0.84%) 52-Week Range$38.85▼$87.52P/E Ratio81.04Price Target$87.25Add to WatchlistThe market-wide correction over recent weeks, felt most acutely by tech stocks, has opened u ...

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Five Below, Inc. (Nasdaq: FIVE) for potential securities law violations. Investors who have lost money in their Five Below investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/five. What is this all about? Shares of Five Below fell 21% following the resignation of the company's CEO, Joel Anderson, and a reported decline in sales. Block & Lev ...

Block (SQ) is scheduled to release its second-quarter 2024 results on Aug 1. For the second quarter, the Zacks Consensus Estimate for revenues is pegged at $6.22 billion, suggesting a rise of 12.3% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for second-quarter earnings is pegged at 76 cents per share, suggesting a jump of 94.9% from the year-ago reported figure. The estimate has been revised upward by 1.4% over the past 30 days. Image Source: Zacks Investment Research Block ha ...

Joe Raedle I initially covered Block (NYSE:SQ) at the start of April. At the time, I was cautious about the valuation and its potential for good returns in the long run. This wasn't just a question of its current financial capacity but also the story to how it should grow that. According to its founder-CEO, Jack Dorsey, the key is to develop an ecosystem in their company (hence changing the name from Square to Block). Citing reasonable doubt, I noted: Customers care about what happens with their mone ...

BOSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating NuScale Power Corp. (NYSE: SMR) for potential securities law violations. Investors who have lost money in their NuScale Power Corp. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/smr. What is this all about? According to Hunterbrook Media, NuScale Power Corp. (NYSE: SMR) is actively being investigated by the U.S. Securities and Exchang ...

BOSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Arbor Realty Trust, Inc. (NYSE: ABR) for potential securities law violations. Investors who have lost money in their Arbor Realty Trust, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/abr.  What is this all about? According to Bloomberg, federal "investigators are inquiring about lending practices and [Arbor Realty]'s claims about ...

Wall Street analysts expect Block (SQ) to post quarterly earnings of $0.76 per share in its upcoming report, which indicates a year-over-year increase of 94.9%. Revenues are expected to be $6.22 billion, up 12.3% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings release, it is of utmost importance t ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Block (SQ) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other ...