30 08, 2023

Box Drops 9% on Weak Earnings and Outlook: Is it Time to Sell This Stock Or Will Things Turn Around?

By |2023-12-07T19:53:32+00:00August 30th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

Shares of Box Inc. (BOX) fell more than 9% when the market opened Wednesday. The company reported second-quarter earnings yesterday after hours and the results were anything but positive. While revenue did climb 6% to $261.4 million, this was only a hair above the analyst consensus of $261 million. Meanwhile, net income of $10.8 [...]

24 02, 2023

Block Outperforms Revenue & Profit, But Misses EPS in 4th Quarter: Here’s 1 Thing Holding SQ Back

By |2023-12-07T21:00:40+00:00February 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Block (SQ), previously known as Square, delivered their fiscal 4th quarter earnings yesterday after the market closed. The report was mixed, with EPS coming in below expectations despite revenue & profit outperforming expectations. Revenue came in at $4.65 billion, narrowly beating Wall Street’s estimate of $4.61 billion. The company reported a solid gross profit [...]

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