Block Gains on its Cash App and Afterpay Segment Blowouts
SQBLOCK(SQ) marketbeat.com·2024-05-16 19:16

Key Points Block Inc. beat Q1 2024 EPS by two cents as revenues rose 19.6% YoY to 5.97billion,beating5.97 billion, beating 5.83 billion consensus analyst estimates. Cash App revenues surged 23% YoY to 4.17billion,andtotalinflowsroseby174.17 billion, and total inflows rose by 17% to 71 billion. Afterpay, its buy-now-pay-later (BNPL) service will be integrated into the Cash App Card. 5 stocks we like better than Block Block Today SQ Block 71.50+0.30(+0.4271.50 +0.30 (+0.42%) 52-Week Range 38.85 ▼ 87.52P/ERatio92.86PriceTarget87.52 P/E Ratio 92.86 Price Target 87.59 Add to Watchlist Fintech giant Bl ...