Analysts expect Block to report an earnings per share (EPS) of $0.47.
Anticipation surrounds Block's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings History Snapshot
Last quarter the company missed EPS by $0.31, which was followed by a 20.43% drop in the share price the next day.
Here's a look at Block's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
0.87
0.87
0.87
0.85
EPS Actual
0.56
0.71
0.88
0.93
Price Change %
-20.0%
-18.0%
-1.0%
1.0%
Market Performance of Block's Stock
Shares of Block were trading at $75.29 as of August 05. Over the last 52-week period, shares are up 24.91%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Analysts' Perspectives on Block
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Block.
The consensus rating for Block is Outperform, based on 18 analyst ratings. With an average one-year price target of $74.61, there's a potential 0.9% ...