Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Friday Nov 7 2025 03:30
2 min
Shares in Jack Dorsey’s Block Inc. plummeted in after-hours trading on Thursday, declining almost 12% after the company’s third-quarter earnings failed to meet analyst expectations. The crypto-friendly fintech firm reported earnings per share of 54 cents for Q3, a 14% shortfall compared to the analyst consensus of 63 cents. Simultaneously, Q3 revenues reached $6.11 billion, representing a 2.3% year-over-year increase, but falling short of the anticipated $6.33 billion. Block Inc. (XYZ) shares tumbled 11.53% in after-hours trading to $70.93, following a 3.7% decrease to $62.75 by the end of the regular trading day. This adds to Block's ongoing stock price decline, with shares down 18.24% year-to-date in 2025. Despite the market's negative reaction, some metrics from Block's Q3 results painted a positive picture of the company's performance. The firm reported an 18% year-over-year increase in gross profit, reaching $2.66 billion. Block anticipates total profits of $10.24 billion for 2025, reflecting a projected 15% annual increase. Block’s peer-to-peer payments platform, Cash App, generated the majority of the profit, contributing $1.62 billion, a 24% year-over-year increase. Square, Block’s merchant payments business, generated $1.018 billion, up 9% from the previous year. In terms of overall profitability after accounting for operating expenses, Block reported an operating income of $409 million, a 26% year-over-year increase.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
Latest
View allSaturday, 28 March 2026
5 min
Saturday, 28 March 2026
5 min
Saturday, 28 March 2026
4 min
Sunday, 29 March 2026
Indices
BTC News Today: Bitcoin Recovers to $67,400 After Sharp Dip Below $65,000
Sunday, 29 March 2026
Indices
Gold price today, March 30: Gold market is currently in a corrective phase, XAU/USD rises to $4,568.50
Tuesday, 24 March 2026
Indices
NVIDIA GTC 2026 Keynote Highlights: Jensen Huang Predicts $1 Trillion AI Demand Through 2027
Tuesday, 24 March 2026
Indices
Top performing cryptos today: Siren (SIREN), Bittensor (TAO), Stellar (XLM)
Tuesday, 24 March 2026
Indices
Gold price today, March 25: Gold Surges Over $4,580 as XAUUSD Jumps 2.5% Amid Softer Dollar Pressure
Monday, 23 March 2026
Indices
Commodity Market Today: Business Body Warns Middle East Conflict Could Derail SA’s 2026 Economic Recovery
Monday, 23 March 2026
Indices
Gold price today, March 24: Gold extends slide, XAU/USD price crashes below $4,200
EN
