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BLOCK(SQ) - 2025 Q1 - Quarterly Results
2025-05-01 20:11
Exhibit 99.1 Q1 2025 Shareholder Letter investors.block.xyz To Our Shareholders Our growth in the first half of this year does not meet our bar, and we remain confident in our ability to accelerate Block's gross profit growth in the second half of 2025 and beyond. Cash App gross profit growth came in below our expectations, largely driven by softer inflows and Cash App Card spend than we had forecasted. We saw changes to consumer spending as the quarter progressed that we believe drove the majority of our f ...
Square Updates Banking Offering to Bolster Business Cash Management
PYMNTS.com· 2025-04-30 20:27
Square has debuted banking tools designed to help sellers gain instant access to their funds.The expansion of the platform’s banking service lets business owners sign up for a Square payments account and a free Square Checking account through one application from Square’s website and point-of-sale app, according to a Wednesday (April 30) news release.In addition, Square has updated its savings account to include new personalized savings recommendations, using cash flow data and industry insights, to make it ...
Block: Falling Like Rain, But It's Time To Embrace The Pain
Seeking Alpha· 2025-04-30 13:00
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Should You Buy, Sell or Hold Block Stock Before Q1 Earnings?
ZACKS· 2025-04-29 17:20
Block (XYZ) is set to report its first-quarter 2025 results on April 30.The Zacks Consensus Estimate for first-quarter revenues is currently pegged at $6.18 billion, indicating growth of 3.81% 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 3.53% jump from the year-ago quarter’s reported figure.Block’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missing once, and in line in ...
Ahead of Block (XYZ) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-04-29 14:21
In its upcoming report, Block (XYZ) is predicted by Wall Street analysts to post quarterly earnings of $0.88 per share, reflecting an increase of 3.5% compared to the same period last year. Revenues are forecasted to be $6.18 billion, representing a year-over-year increase of 3.8%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this per ...
Landstar System, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2025-04-28 19:30
Group 1 - Block & Leviton is investigating Landstar System, Inc. for potential securities law violations following a significant drop in share price [1][2] - Shares of Landstar System, Inc. fell over 3% on April 25 after the company announced a delay in filing its 10-Q and postponement of its earnings release to May 13 due to ongoing evaluation of internal accounting controls and financial reporting related to previous supply chain fraud issues [2] - Investors who have lost money in their Landstar System, Inc. investment are encouraged to contact Block & Leviton for potential recovery options [3][5] Group 2 - Block & Leviton is considering filing an action to recover losses on behalf of investors who have been affected by the company's issues [4] - The firm is recognized as a leading securities class action firm, having recovered billions of dollars for defrauded investors [7] - Whistleblowers with non-public information about Landstar System, Inc. may assist in the investigation and could receive rewards of up to 30% of any successful recovery [6]
Block Advisors by H&R Block Now Accepting Entries for Second Annual ‘Fund Her Future' Grant Program Created to Help Female Founders Thrive, Fuel Small Business Growth
GlobeNewswire News Room· 2025-04-28 12:45
KANSAS CITY, Mo., April 28, 2025 (GLOBE NEWSWIRE) -- Block Advisors by H&R Block today announced the return of its Fund Her Future grant program. Starting today, applications are being accepted through May 30, 2025. In its second year, the 2025 program is recognizing six women-owned small businesses with high growth and community impact potential. Grant recipients will receive a combined award of $100,000 in funding plus a year of small business services from Block Advisors valued at nearly $30,000. Despite ...
H&R Block: A Positive Growth Case Despite Seasonality Impacts To Earnings
Seeking Alpha· 2025-04-26 07:25
Core Insights - Albert Anthony is a Croatian-American media personality active on investor platforms, focusing on markets and stocks, with a growing follower base of over 1,000 since 2023 [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, coinciding with an ongoing series of articles on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in a top-10 financial firm's IT department, and has participated in various business and innovation conferences [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] - Albert Anthony has launched the Future Investor Fund, focusing on building a dividend portfolio [1] Educational Background - Albert Anthony holds degrees and certificates from several institutions, including Drew University, Corporate Finance Institute, UVA Darden School of Business, CompTIA, and Microsoft [1]
Earnings Growth & Price Strength Make Block (XYZ) a Stock to Watch
ZACKS· 2025-04-25 14:30
Core Insights - The Zacks Focus List is a curated portfolio of 50 stocks expected to outperform the market over the next 12 months [3][4] - The Focus List has demonstrated strong past performance, gaining 13.85% in 2020 compared to the S&P 500's 9.38%, and a cumulative return of 2,519.23% since February 1, 1996 [5] - The selection methodology relies on earnings estimate revisions, which are crucial for predicting future company performance [6][7] Focus List Methodology - Stocks are selected based on the power of earnings estimate revisions, with brokerage analysts evaluating factors affecting future earnings [6] - The Zacks Rank, a proprietary stock-rating model, classifies stocks into five groups based on four main factors: Agreement, Magnitude, Upside, and Surprise [9] - The Focus List primarily includes stocks ranked 1 (Strong Buy) or 2 (Buy), indicating a bullish consensus among analysts [9] Stock Spotlight: Block - Block, formerly known as Square, was added to the Focus List on March 28, 2017, at a price of $17.25 per share, and has since increased by 233.33% to $57.50 [12] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.08 to $4.12, with an average earnings surprise of 11.3% [13] - Analysts project Block's earnings to grow by 22.3% for the current fiscal year [13]
Block vs. Affirm: Which Fintech Stock Should You Consider Now?
ZACKS· 2025-04-21 15:05
Block (XYZ) and Affirm (AFRM) are well-known providers in the rapidly evolving fintech sector. Both companies have gained significant attention in the market for their innovative approaches to digital payments and buy-now-pay-later (BNPL) services.Per Fortune Business Insight report, the global fintech market was valued at $340.1 billion in 2024 and is expected to grow from $394.88 billion in 2025 to $1.13 billion by 2032 at a CAGR of 16.2% over the forecast period 2025-2032. Both XYZ and AFRM are likely to ...