Block's Quarterly Earnings Preview: What You Need to Know

Core Insights - Block, Inc. is valued at a market cap of $46.3 billion and focuses on building tools for digital economy participation [1] - The company is set to announce its fiscal Q3 earnings for 2025 on November 6, 2023 [1] Financial Performance - Analysts expect Block to report a profit of $0.25 per share for Q3 2025, a decrease of 56.1% from $0.57 per share in the same quarter last year [2] - For fiscal 2025, the expected profit is $1.02 per share, down 69.7% from $3.37 per share in fiscal 2024, but projected to rebound to $2.10 in fiscal 2026, representing a growth of 105.9% year-over-year [3] Stock Performance - Over the past 52 weeks, Block's stock has gained 11%, underperforming the S&P 500 Index's 16.4% return and the Technology Select Sector SPDR Fund's 26.7% rise [4] - Following a mixed Q2 performance, Block's shares fell by 4.5% in the next trading session, with total net revenue declining by 1.6% year-over-year to $6.1 billion, missing consensus estimates by 4.3% [5] Analyst Ratings - Wall Street analysts have a "Moderate Buy" rating for Block, with 25 out of 41 analysts recommending "Strong Buy," four suggesting "Moderate Buy," seven indicating "Hold," and five advising "Strong Sell" [6] - The mean price target for Block is $86.14, indicating a potential upside of 9% from current levels [6]