Block (SQ) reported $5.98 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.4%. EPS of $0.88 for the same period compares to $0.55 a year ago.The reported revenue represents a surprise of -3.09% over the Zacks Consensus Estimate of $6.17 billion. With the consensus EPS estimate being $0.88, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

Block (SQ) came out with quarterly earnings of $0.88 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this mobile payments services provider would post earnings of $0.76 per share when it actually produced earnings of $0.93, delivering a surprise of 22.37%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Block, which belo ...

Block shares tumbled 11% in extended trading on Thursday after the company reported third-quarter revenue that trailed Wall Street expectations.Here is how the company did, compared to analysts' consensus estimates from LSEG.Earnings per share: 88 cents adjusted vs. 87 cents expectedRevenue: $5.98 billion vs. $6.24 billion expectedBlock, formerly known as Square, posted $2.25 billion in gross profit, up 19% from a year ago. Analysts tend to focus on gross profit as a more accurate measurement of the company ...

KANSAS CITY, Mo., Nov. 06, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.375 cents per share, payable January 6, 2025, to shareholders of record as of December 5, 2024. H&R Block has paid quarterly dividends consecutively for over sixty years since the Company became public in 1962. Since 2016, the Company has grown the dividend 88%1 and has returned more than $3.9 billion to shareholders through divi ...

H&R Block, Inc. (HRB) is scheduled to report its first-quarter fiscal 2025 results on Nov. 7, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.The company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in the past four quarters, the surprise being 10.8%, on average.HRB’s Q1 ExpectationsThe Zacks Consensus Estimate for revenues is pegged at $188.8 million, indicating a 2.7% increase from the year-ago quarter’s actual.We expect HRB’ ...

Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.For those interested in viewing the Thematic lists, please click here >>> Thematic Screens – Zacks Investment Research.Let’s take a closer look at the ‘Mobile Payments’ theme and analyze a few stocks that the screen returned, such as Discover Financial Services (DFS) ...

KANSAS CITY, Mo., Nov. 05, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) today announced that Jeff Jones, President and Chief Executive Officer, and Tiffany Mason, Chief Financial Officer, will host virtual investor meetings at the Northcoast Research 2024 Management Fall Forum on Tuesday, November 12, 2024. To request a meeting, please contact your Northcoast Research salesperson. About H&R Block H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywh ...

Block (SQ) is set to report its third-quarter 2024 results on Nov. 7. The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $6.17 billion, indicating growth of 9.77% year over year. The consensus mark for earnings is currently pegged at 88 cents per share, unchanged over the past 30 days. The figure indicates a 60% jump from the year-ago quarter's reported figure. Block's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, missing once, the earnings su ...

After a healthy 2023 with gains of over 23%, the stock of diversified fintech, Block, Inc. (NYSE: SQ ), has proven to be a disappointment of sorts in 2024. On a YTD basis, SQ has wobbled, and is down by close Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...

Core Insights - The software-as-a-service (SaaS) sector is experiencing significant growth, with many companies showing strong performance and attractive valuations [1][5] - SaaS companies provide software solutions hosted in the cloud, eliminating the need for on-site hardware [2] - Investing in SaaS stocks can yield substantial returns over time, with potential annual gains exceeding the historical average of 10% for the S&P 500 [3][4] SaaS Company Analysis - **Block**: - Market capitalization of $44 billion - Recent quarterly revenue growth of 11.2% - Net profit margin of 2.9% - Forward price-to-earnings (P/E) ratio of 15.4 - Positioned to benefit from the shift towards digital payments and expanding services [7][8][9] - **Veeva Systems**: - Market capitalization of $35 billion - Recent quarterly revenue growth of 14.6% - Net profit margin of 23.9% - Forward P/E ratio of 32.1 - Focused on the life sciences industry with a strong subscription model and expanding into new niches [7][10][11] - **Zoom Video Communications**: - Market capitalization of $22 billion - Recent quarterly revenue growth of 2.1% - Net profit margin of 19.1% - Forward P/E ratio of 13.6 - Offers a range of services beyond video conferencing and has retained many customers gained during the pandemic [7][12][13] Investment Strategies - Investors may consider diversifying their portfolios by including SaaS companies or investing in SaaS-focused exchange-traded funds (ETFs) [14][15]