Square-parent Block reported fourth-quarter earnings that missed estimates while revenue slightly beat as other financial metrics were mixed. Guidance for SQ stock came in above expectations, sending shares up on Friday.
(Bloomberg) -- Block Inc. shares surged after the payments company reported results and first-quarter expectations that exceeded analysts’ estimates.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Moon in Historic Feat for Private SpacecraftNvidia Tops Meta Record With $277 Billion Surge in ValueThe firm, headed by Jack Dorsey, includ
Block (SQ) could produce exceptional returns because of its solid growth attributes.