Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses. Shares in Jack Dorsey’s Block Inc. dropped almost 12% in after-hours trading on Thursday after its third-quarter earnings missed analyst estimates.The crypto-friendly fintech firm posted an earnings per share of 54 cents for Q3, missing analyst estimates of 63 cents by 14%. Meanwhile, its Q3 revenues of $6.11 billion were up 2.3% year-on-year, but fell short of expectations of $6.33 billion.Shares in Block Inc. (XYZ) fell 11.53% in after-hours trading to $70.93 after ending the trading day down 3.7% at $62.75.Read more Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses. Shares in Jack Dorsey’s Block Inc. dropped almost 12% in after-hours trading on Thursday after its third-quarter earnings missed analyst estimates.The crypto-friendly fintech firm posted an earnings per share of 54 cents for Q3, missing analyst estimates of 63 cents by 14%. Meanwhile, its Q3 revenues of $6.11 billion were up 2.3% year-on-year, but fell short of expectations of $6.33 billion.Shares in Block Inc. (XYZ) fell 11.53% in after-hours trading to $70.93 after ending the trading day down 3.7% at $62.75.Read more
Block shares tumble after-hours on Q3 earnings miss
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.
Shares in Jack Dorsey’s Block Inc. dropped almost 12% in after-hours trading on Thursday after its third-quarter earnings missed analyst estimates.
The crypto-friendly fintech firm posted an earnings per share of 54 cents for Q3, missing analyst estimates of 63 cents by 14%. Meanwhile, its Q3 revenues of $6.11 billion were up 2.3% year-on-year, but fell short of expectations of $6.33 billion.
Shares in Block Inc. (XYZ) fell 11.53% in after-hours trading to $70.93 after ending the trading day down 3.7% at $62.75.
Read more
Market Opportunity
Blockstreet Price(BLOCK)
$0.013996
$0.013996$0.013996
USD
Blockstreet (BLOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
US Leads With $2.05B in Crypto Fund Inflows, CoinShares Reports
TLDR Crypto investment products recorded $2.17 billion in inflows, marking the strongest weekly performance since October 2025. Bitcoin dominated the inflows, attracting
Share
Coincentral2026/01/19 19:11
UK data may boost Sterling amid short squeeze – ING
The post UK data may boost Sterling amid short squeeze – ING appeared on BitcoinEthereumNews.com. November jobs and December CPI data could provide a modest boost
Share
BitcoinEthereumNews2026/01/19 19:08
Strive’s preferred stock hits par value, unlocking bitcoin funding channel
The perpetual preferred equity, SATA, moved above $100, giving Strive access to at-the-market issuance.
Share
Coinstats2026/01/19 19:06