Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

Block Inc. (NYSE: XYZ) is rated SELL due to overvaluation, low-quality revenue growth, limited sustainable growth, and volatile profitability. XYZ's revenue growth is heavily reliant on Bitcoin, which ...

As tax preparation giant H&R Block Inc. branches into financial planning, it's boosting profits with a loan program that gets customers refunds faster but takes a big bite of the proceeds. Block last ...

Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...

Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...

Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...

Nov 6 (Reuters) - Block (XYZ.N), opens new tab missed Wall Street estimates for third-quarter profit on Thursday amid persistent economic uncertainty and intensifying competition in the payments ...