Block Shares Plunge 7% After Disappointing Q3 Earnings Miss Analysts’ Expectations
Block Inc., the fintech giant founded by Jack Dorsey, saw its shares drop nearly 8% on Friday following weaker-than-expected third-quarter results that highlighted a slowdown in profit growth from its Square business segment. Here’s how the company performed compared with LSEG analyst estimates: Earnings per share (adjusted): $0.54 vs. $0.67 expected Revenue: $6.11 billion vs. […]