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Block's stock is up 18% this year, and it aims for its 6th straight quarter of higher earnings.

ResultsRead the original at Benzinga
Neutral

Block has not reported results. Analysts expect sales up 8% and per-share profit up 78% year over year, but down nearly 6% from last quarter.

XYZ · Block Inc.

AI read · Neutral

The AI's read

The estimates point to more sales and profit than a year ago, but expected profit per share is lower than last quarter. Block beat estimates in each of its last 5 quarters, but that does not confirm this quarter’s results. Morgan Stanley cut its target to $80, while BTIG kept its $100 target and Buy rating. The results are not out yet.

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