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Block (SQ) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-25 23:07
Wall Street expects a year-over-year increase in earnings on higher revenues when Block (SQ) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other ...
Here is Why Growth Investors Should Buy Block (SQ) Now
ZACKS· 2024-07-25 01:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...
Wall Street Analysts Believe Block (SQ) Could Rally 30.54%: Here's is How to Trade
ZACKS· 2024-07-24 22:56
Shares of Block (SQ) have gained 4.5% over the past four weeks to close the last trading session at $66.89, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $87.32 indicates a potential upside of 30.5%.The average comprises 34 short-term price targets ranging from a low of $40 to a high of $106, with a standard deviation of $16.57. While the lowest estimate indicates a decline of ...
Block (SQ) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-24 06:50
The latest trading session saw Block (SQ) ending at $66.89, denoting a -1.99% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.16%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.06%.Shares of the mobile payments services provider have appreciated by 5.98% over the course of the past month, outperforming the Business Services sector's gain of 0.9% and the S&P 500's gain of 1.96%.The upcoming earnings release of Block will be of great interest to investo ...
Block (SQ) Gains 9% in 6 Months: Should You Buy the Stock?
ZACKS· 2024-07-23 23:40
Block (SQ) has seen its stock price increase 9% in the past six months, slightly below the broader Zacks Business-Services sector’s rise of 9.1% and underperforming the industry’s growth of 23.5%. This modest gain came amid a challenging macroeconomic environment, raising questions about the company's future trajectory and what investors can expect moving forward.Market uncertainties, high inflation, unfavorable foreign exchange fluctuations and sluggish trends in consumer spending are concerning for the co ...
NANO Nuclear Energy Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2024-07-22 22:48
BOSTON, July 22, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating NANO Nuclear Energy Inc. (Nasdaq: NNE) for potential securities law violations. Investors who have lost money in their NANO Nuclear Energy Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/nne. What is this all about? Hunterbrook Media reported that "As of July 2024, the U.S. Nuclear Regulatory Commission does not list NNE among the ...
Is Block a Millionaire-Maker?
The Motley Fool· 2024-07-21 06:52
The fintech has delivered 21% annual returns since its IPO in 2015. Can it continue to deliver?Block (SQ 0.15%) is at the forefront of the digital payments revolution and has gained 420%, or 21%, compounded annually since its public debut. With digital payments expected to explode, does Block have what it takes to make you a millionaire? Let's dive in and find out.To be a millionaire maker, a stock must deliver incredible results over a long period. For example, if you start with an initial investment of $1 ...
Arbor Realty Trust ALERT: Block & Leviton Encourages Investors to Contact the Firm Regarding Investigation of ABR
GlobeNewswire News Room· 2024-07-20 02:33
BOSTON, July 19, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Arbor Realty Trust, Inc. (NYSE: ABR) for potential securities law violations. Investors who have lost money in their Arbor Realty Trust, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/abr. What is this all about? According to Bloomberg, federal "investigators are inquiring about lending practices and [Arbor Realty]'s claims about ...
Block poised to deliver in-line Q2 earnings
Proactiveinvestors NA· 2024-07-19 03:37
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Cash App Exiting UK to Increase Focus on US
PYMNTS.com· 2024-07-19 02:11
Cash App says it will exit the British market as it focuses on the U.S.The mobile payments service announced Thursday (July 19) that it was shutting down Cash App UK on Sept. 15 after six years.“We do not make decisions like this lightly, as we know they impact our customers, our partners, and our team members who have helped us build to where we are today,” Cash App wrote in an announcement on its website.“In recent months, we have outlined our strategic approach for Cash App, which prioritizes our focus o ...