Block Inc. Stock Slide Reflects Earnings Disappointment

Thursday, May 1, 2025, 6:20 pm

Following a fiscal first-quarter report that missed revenue targets and issued cautious guidance, Block Inc.’s shares tumbled sharply. Investors reacted negatively to the company's disappointing financial performance, highlighting broader concerns about economic headwinds and the sustainability of its growth trajectory.

siliconangle.com / Block shares tumble after earnings and revenue miss and lowered guidance

Shares in Block Inc. plunged over 18% in after-hours trading today after the financial services company missed on earnings, lowered guidance and warned of macroeconomic headwinds in its fiscal 2025 first quarter results. For the quarter that ended on March 31, Block reported adjusted earnings of…

cnbc.com / Block shares plunge 15% as company takes 'cautious stance,' issues weak guidance for year

Block reported weaker-than-expected revenue for the first quarter.

permalink / 2 stories from sources in 8 days ago #stockmarket #earnings #finance

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