Block Watchlist

tz-plus logo Broad Growth in Core Business: Block Exceeds Forecasts and Raises Annual Outlook

T. Lämmle
Reading Time: 3 minutes

Significant Operating Profit Increase: With an adjusted earnings of $1.13 per share and revenues of $6.72 billion, Block surpasses consensus estimates. Successful Integration: Cash App reaches 60 million monthly users; the issued loan volume grows by 40 percent to $19 billion. Forecast Increase: CEO Jack Dorsey raises the EPS target for the entire year of 2026 to $4.15 and pushes for the deployment of autonomous AI agents. The US financial technology company Block (XYZ) delivered a convincing set of figures in the third quarter...

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