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SQ

Block Inc

$61.58

Earnings Summary

Revenue
$5957.13Mn
Net Profits
$472.01Mn
Net Profit Margins
7.92%
PE Ratio
102.85

Highlights

Revenue:

Block Inc’s revenue jumped 19.38% since last year same period to $5957.13Mn in the Q1 2024. On a quarterly growth basis, Block Inc has generated 3.19% jump in its revenue since last 3-months.

Net Profits:

Block Inc’s net profit jumped 2542.33% since last year same period to $472.01Mn in the Q1 2024. On a quarterly growth basis, Block Inc has generated 165.07% jump in its net profits since last 3-months.

Net Profit Margins:

Block Inc’s net profit margin jumped 2145.88% since last year same period to 7.92% in the Q1 2024. On a quarterly growth basis, Block Inc has generated 156.88% jump in its net profit margins since last 3-months.

PE Ratio:

Block Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 102.85.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Block Inc post its latest quarter earnings

EPS Estimate Current Year
0.72

Highlights

EPS Estimate Current Year:

Block Inc’s earning per share (EPS) estimates for the current year stand at 0.72.

Key Ratios

Key ratios of the Block Inc post its Q1 2024 earnings

Earning Per Share (EPS)
0.85
Return on Assets (ROA)
0
Return on Equity (ROE)
0.02

Highlights

Earning Per Share (EPS):

Block Inc’s earning per share (EPS) jumped 112.5% since last year same period to 0.85 in the Q1 2024. This indicates that the Block Inc has generated 112.5% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Block Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Block Inc’s return on equity (ROE) stands at 0.02.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
0.72
0.85
18.06%