BLOCK, INC.

(SQ)
  Report
Delayed Nyse  -  04:00 2022-08-05 pm EDT
87.73 USD   -2.20%
08/05Wall Street falls as solid jobs data fuels rate hike worries
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08/05SECTOR UPDATE : Tech Stocks Retreat Premarket Friday
MT
08/05RBC Raises Price Target on Block to $95 From $91, Citing Rerating in Peer Group, Maintains Outperform Rating
MT
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Block to Announce Second Quarter 2022 Results

07/05/2022 | 04:06pm EDT

Block, Inc. (NYSE: SQ) will release financial results for the second quarter of 2022 on Thursday, August 4, 2022, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block’s Investor Relations website at investors.block.xyz. A replay will be available at the same website following the call.

About Block

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.


© Business Wire 2022
All news about BLOCK, INC.
08/05Wall Street falls as solid jobs data fuels rate hike worries
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08/05SECTOR UPDATE : Tech Stocks Retreat Premarket Friday
MT
08/05RBC Raises Price Target on Block to $95 From $91, Citing Rerating in Peer Group, Mainta..
MT
08/05Block shares slip after crypto winter dampens quarterly results
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08/04Block Falls to Q2 Loss on Higher Operating Expenses, Lower Revenue; Shares Fall 6%
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08/04Dorsey's Block slows hiring, investment after reporting Q2 loss (Aug. 4)
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Analyst Recommendations on BLOCK, INC.
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Financials (USD)
Sales 2022 17 582 M - -
Net income 2022 -670 M - -
Net cash 2022 1 481 M - -
P/E ratio 2022 -72,3x
Yield 2022 -
Capitalization 51 778 M 51 778 M -
EV / Sales 2022 2,86x
EV / Sales 2023 2,41x
Nbr of Employees 8 521
Free-Float 88,3%
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Technical analysis trends BLOCK, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 44
Last Close Price 87,73 $
Average target price 114,64 $
Spread / Average Target 30,7%
EPS Revisions
Managers and Directors
Jack Patrick Dorsey Chairman & Chief Executive Officer
Amrita Ahuja Chief Financial Officer & Treasurer
James Morgan McKelvey Independent Director
Lawrence Henry Summers Independent Director
Roelof Frederik Botha Independent Director
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