BLOCK(US:SQ) ZACKSยท2025-04-29 14:21Core Viewpoint - Block (XYZ) is expected to report quarterly earnings of $0.88 per share, a 3.5% increase year-over-year, with revenues projected at $6.18 billion, reflecting a 3.8% year-over-year growth [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised upward by 0.4%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts project 'Revenue- Hardware' at $32.20 million, a decrease of 0.9% from the previous year [5]. - 'Revenue- Subscription and services-based' is expected to reach $1.89 billion, an increase of 12.4% year-over-year [5]. - 'Revenue- Transaction-based' is forecasted at $1.59 billion, reflecting a 4.9% year-over-year increase [5]. - 'Revenue- Bitcoin' is estimated at $2.70 billion, a decline of 1.2% from the prior year [6]. - 'Revenue- Square- Total' is projected at $1.86 billion, indicating a 7.8% increase year-over-year [6]. - 'Revenue- Square- Subscription and services-based' is expected to reach $338.32 million, a 14.2% increase from the previous year [7]. - 'Revenue- Cash App- Bitcoin' is projected at $2.63 billion, a decrease of 3.8% year-over-year [8]. - 'Revenue- Cash App- Transaction-based' is estimated at $94.50 million, reflecting a decline of 13.5% from the prior year [8]. Gross Payment Volume - The estimated 'Gross Payment Volume (GPV)' is $58.01 billion, up from $50.50 billion reported in the same quarter last year [9]. Stock Performance - Over the past month, Block shares have returned +7.3%, contrasting with the Zacks S&P 500 composite's -0.8% change [9].