BLOCK(SQ) ZACKS·2025-01-06 23:50Stock Performance and Market Context - Block (SQ) ended the recent trading session at $91 94, showing a -0 24% change from the previous day's closing price, underperforming the S&P 500's 0 55% gain and the Nasdaq's 1 24% gain, while the Dow lost 0 06% [1] Upcoming Financial Results and Estimates - The company is anticipated to report an EPS of $0 82 in its upcoming release, marking an 82 22% increase compared to the same quarter of the previous year [2] - Revenue is expected to reach $6 11 billion, up 5 92% from the prior-year quarter [2] - Recent changes to analyst estimates for Block indicate shifting near-term business trends, with positive revisions reflecting confidence in the company's performance and profit potential [3] Valuation Metrics - Block currently has a Forward P/E ratio of 21 11, which is a discount compared to its industry's Forward P/E of 25 08 [5] - The company trades at a PEG ratio of 0 49, significantly lower than the Technology Services industry average PEG ratio of 1 54 [6] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of all 250+ industries [7] - Industries in the top 50% of the Zacks Industry Rank outperform the bottom half by a factor of 2 to 1 [7] Analyst Ratings and Model - Block currently has a Zacks Rank of 3 (Hold), with a 0 7% decline in the Zacks Consensus EPS estimate over the past month [5] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [5]