Block's Q3 2026 earnings beat estimates on Cash App lending and Square growth
FROM THE WIRE · FINANCE.YAHOO.COM
Block, Inc. XYZ reported third-quarter 2026 adjusted earnings per share (EPS) of $1.13, which surged 109.3% year over year and topped the Zacks Consensus Estimate by 10.8%. Revenues increased 9.9% year over year to $6.72 billion, beating the consensus mark by 1.5%. Strong Cash…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above estimates for a mid-cap stock, with shares up in pre-market trading.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted EPS was $1.13, up 109.3% year over year.
- 02Revenues rose 9.9% to $6.72 billion, beating consensus by 1.5%.
- 03Square's gross payment volume grew 14% to $76.4 billion.
- 04XYZ stock was trading almost 10% higher in pre-market trading.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Block, Inc.87.50 USD-0.29%today +15.12%Positive PayPal Holdings, Inc.60.54 USD-0.23%today +4.00%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets