Block’s (XYZ) EPS Surged 65%, So Why Did the Stock Drop?

· finance.yahoo.com

Block Inc. (NYSE:XYZ) posted one of its strongest quarters in years on August 5, then watched its shares fall roughly 6% the next day. Adjusted EPS came in at $1.02, well ahead of the $0.87 Wall Street expected, and the company raised its full-year guidance across the board. Investors, it turns out, cared more about […]

Block Inc. (NYSE:XYZ) posted one of its strongest quarters in years on August 5, then watched its shares fall roughly 6% the next day. Adjusted EPS came in at $...


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