Block, Inc. (XYZ) is a financial technology company in Oakland, California, with a market cap of $40.1 billion. They will announce fiscal Q4 earnings soon, with analysts expecting a profit of $0.26 per share. For the current fiscal year, analysts expect a profit of $0.84 per share, down from $3.37 in fiscal 2024. XYZ has declined 23.7% over the past year, underperforming the S&P 500 and State Street Technology Select Sector SPDR ETF. In Q3, Block reported weaker-than-expected results, causing shares to drop 7.7%. Analysts rate XYZ as a “Moderate Buy” with a mean price target of $83.27.
Read more at Barchart: What to Expect From Block’s Report
