Square-parent Block on Thursday reported fourth-quarter earnings that missed estimates while revenue slightly beat as other financial metrics were mixed. First quarter guidance for SQ stock came in above expectations.
(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 SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Resolves Network Outage; Report Points to Software FlubBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024The firm, headed by Jac
Block (SQ) could produce exceptional returns because of its solid growth attributes.