Block (XYZ) Misses Q3 Earnings and Revenue Estimates

Block (XYZ) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this mobile payments services provider would post earnings of $0.6 per share when it actually produced earnings of $0.62, delivering a surprise of +3.33%.Over the last four quarter ...